'Sustainable Fisheries Financing Strategies'

'Sustainable Fisheries Financing Strategies'

Impact investment strategies targeting sustainable local and national fishery management systems not only have the potential to help address food insecurity in poor coastal populations but also could strengthen social cohesion, local leadership capacity, access to financial capital, and the political voice of those communities, a report from finds. Produced in cooperation with and , the report, (11 pages, PDF), examined the commercial, regulatory, and scientific risks associated with investments in sustainable fisheries practices in Brazil, Chile, India, and the Philippines, as well as ways to mitigate those risks, including the development of robust legal and governance structures to ensure that such practices remain aligned with conservation and/or livelihood objectives. Funded by and the , the report proposes three impact-investment strategies in support of sustainable fisheries management — a microfinance/SME route-to-market vehicle which supports the incubation of businesses that adopt sustainable practices; the creation of a public-private partnership that supports stock assessments, data monitoring, regulatory enforcement, ecosystem services management, quota buyback programs, and subsidy payments; and a pay-for-performance fishery impact vehicle that funds interventions targeting a specific species.

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