I hate to bring this up because I offended some here a while back regarding hanging things around the neck.

Please teach the child to not hang rope, paracord, etc. around their neck without proper use of safety buckles. The 20# safety buckles are made for a reason.

I don't mention this to offend. I am only interested in the safety aspect just like I would never allow/advocate certain adults and children to possess a fresnel lens.

The monocular and the first-aid stuff are excellent ideas.

Sometimes I feel like I have been fishing non-stop since I was three or four years old. If you think he can handle it, how about some lightweight monofilament, a cork or two, some non-lead sinkers, and some small hooks.

I wonder if you could find a folding saw as small as those on Victorinox and Wenger but without a real knife blade. He could do some fair carving with it with maybe a little less danger than a knife.