Erratum to State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds

Abstract

Christiansen J (2023) State capacity and the ‘value’ of sustainable finance: Understanding the state-mediated rent and value production through the Seychelles Blue Bonds. Environment and Planning A: Economy and Space. https://doi.org/10.1177/0308518X231201467

The above-mentioned article was inadvertently published with minor typographical and grammatical errors; we have corrected those errors. These included inconsistency in the abbreviation for millions, which has been consistently changed to upper case ‘M’ throughout. Additionally, the following updates were made to this article:

1. In this section “Analysing the political economy of debt and natural resources”, paragraph 2, there was duplication of “By conditioning how economic actors can benefit from natural resources”; the correct sentence reads as below:

…By conditioning how economic actors can benefit from natural resources, the state is actively influencing the distribution of natural resources for production, and particularly by conditioning access to scarce resources, the state . . .

2. In the section “Composing faith in the circuit of capital”, paragraph 7, there was duplication of “bond investor explained”; the correct sentence reads as below:

That Seychelles’ investments were based on issuance of debt was essential since, as a bond investor explained, they mainly deploy debt, and the fisheries space largely demands equity investments.

3. Figure 1 has been updated, and the correct figure is as follows:

Figure 1.

The flows of Seychelles’ Blue Bonds, debt for nature swap and SWIOFish3.

The referenced article has been corrected accordingly.