Port Louis, 29 July 2022 (TDI): Seychelles and Mauritius will fund the United Nations (UN) joint SDG Fund Project which focuses on the reliable and inclusive partnerships that are critical for long-term success.

The joint SDG fund closes the loop between governments, private enterprises, and civil society. It provides an opportunity to discuss Sustainable Development Goals (SDGs).

Highlights from the SDG Fund Project launch Ceremony

The Ministry of Foreign Affairs (MOFA) and Tourism of Seychelles and the Ministry of Finance, Economic Planning, and Development of Mauritius are the partners for this joint SDG Fund Project between both nations.

At the launching ceremony of this joint SDG fund project, the Deputy Executive Director of UNEP highlighted the fact that Mauritius and Seychelles are interlinked by their island heritage.

He added that today their efforts to pioneer innovative solutions they deal with today’s global crises as both nations are on the frontline of the planetary emergency.

The purpose of this joint SDG Fund project is to contribute to the blue-green economy through economic diversification. It aims to promote a circular economy. It also aims to take dynamic, innovative, and sustained actions to address the climate crisis.

Promotion of Blue-Green economy

The agenda for contribution between Mauritius and Seychelles is to establish a favorable environment for the promotion and sustenance of the green and blue economy.

Both governments and financial markets are looking for a stronger integration in public and private investment decisions.

The UN Joint SDG Fund in small island developing states like Mauritius and Seychelles focuses on closing the gap to achieve SDGs by providing funding to actionable proposals developed by SIDS.

This collaborative exchange and collective action would lead to the betterment of humanity. It aids in the achievement of Sustainable Development Goals through practical commitments and actions.