State capacity and the ‘value’ of sustainable finance : Understanding the state-mediated rent and value production through the Seychelles Blue Bonds
Financial capital is currently being heralded for its potential to provide social and environmental transformations. This paper provides an in-depth case study of the Seychelles Blue Bond, highlighting the state’s (fiscal and planning) capacities as central in mediating the future rents and value production when channelling thematic bond proceeds. Even as the Blue Bonds tapped into private capital
