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Coast counties moot blue bonds for marine protection

Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Joho addresses the public during Eid Baraza held at Treasury Square in Mombasa County. 

Photo credit: Wachira Mwangi | Nation Media Group

By  Brian George

Nation Media Group

The six counties in the former Coast Province are planning to issue a blue bond for environmental conservation and preservation of marine life.

Blue bonds are a debt instrument specifically used to finance projects related to ocean conservation and sustainable marine ecosystems.

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