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Private sector engagement in sustainable fisheries

The catalytic role of the private sector in sustainable fisheries

Year of publication 2023

Place of publication Rome, Italy ;

Pages 7

Author Coastal Fisheries Initiative (CFI)

Publisher FAO ;

Product type Meeting

Synopsis (short abstract) The Coastal Fisheries Initiative (CFI) implemented by the Food and Agriculture Organization of the United Nations (FAO) with the financial support of the Global Environment Facility (GEF), promotes the sharing of information, experiences, good practices, success stories and lessons learned in small-scale and artisanal coastal fisheries, to make them more sustainable as well as profitable for the communities that depend on them. This effort to raise awareness and share knowledge takes many forms, including a series of webinars called CFI Talks, where experts from the CFI, UN agencies, government representatives, fishing community members, and other national and regional projects, initiatives and NGOs share and discuss their experiences with the public. The aim of the CFI Talks is to promote the development of more holistic processes and integrated approaches through South/South learning exchanges, contributing to the sustainable management of coastal fisheries within the six CFI beneficiary countries (Cabo Verde, Côte d’Ivoire, Ecuador, Indonesia, Peru and Senegal), its three regions (Asia, West Africa and Latin America) and beyond. The CFI Talks are held periodically, for two hours (one-hour presentation and one-hour discussion) via Zoom videoconferencing, with simultaneous translation in French, English and Spanish. Five CFI Talks were organized in 2022 and 2023 on the following themes: Sustainable mangrove management; The Ecosystem Approach to Fisheries (EAF); Marine Spatial Planning (MSP); Private sector engagement in sustainable coastal fisheries; and Empowering women in fisheries value chains. Together, they totaled over 400 participants.

Statutory body / Meeting title N/A

Meeting symbol CFI Talks

Meeting Session Number 4

Meeting date 21/nov/22

Meeting location Virtual meeting - Zoom videoconference

Language English

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    The CFI programme - a global partnership between FAO, UNDP, UNEP, Conservation International, the World Bank and the WWF - has developed three legacy Global Knowledge Products (GKPs) to consolidate experience and lessons learned and to make its successful approaches and tangible impacts sustainable beyond the end of its five-year cycle. This e-book is the third of the series and describes CFI efforts to drive responsible investments in the seafood value chain in order to make and keep small-scale marine fisheries sustainable. A key part of this approach is enabling SSF entrepreneurs to come up with viable business plans that will attract investors, and also to stimulate coalition-building as a way to address the complexities of the fisheries sector and achieve successful outcomes – ones that will both protect the environment and lead to thriving businesses and livelihoods. This e-book describes how the CFI mentored stakeholders in Cabo Verde, Ecuador, Indonesia and Peru to harness the power of coalitions and come up with innovative startups and business cases that drive sustainability and have real investment potential. This e-book is aimed at investors, private sector actors, practitioners and national and international policymakers.
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