Measures to address climate change

Seychelles is expected to finalize a strategy in December aimed at enhancing access to and utilization of climate financing. As part of this initiative, a consultation meeting was held to involve key stakeholders in the process.

In line with the Paris Agreement, all countries are required to take measures to combat climate change by implementing relevant projects. The government is considering investing in infrastructure and strengthening its capabilities in various projects to enhance resilience against climate change. According to officials, authorities are examining different scenarios regarding costs and the potential amount to be raised from partners.

The Principal Secretary of National Planning at the Ministry of Finance stated that Seychelles has been at the forefront of climate change discussions. The country faces significant challenges due to the adverse impacts of climate change, particularly through unpredictable and unfavorable weather conditions.

At the highest level, the government is incorporating climate resilience into all core activities. The new National Development Strategy 2024-2028, launched earlier this year, reflects this commitment. The climate fund mobilization strategy will be implemented from 2025 to 2030, allowing the country to explore and leverage various existing and innovative financing sources.

This approach aligns with Seychelles’ broader international commitments. Under the country’s economic reform program, the IMF supports key objectives such as the Sustainable Development Goals (SDGs), the Nationally Determined Contributions (NDCs), and the Resilience and Sustainability Facility (RSF).