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Advancing finance for fisheries improvement

Fisheries are a crucial part of our global food system, providing sustenance and livelihoods for millions of people worldwide. However, many fisheries face significant challenges, including overfishing, habitat degradation, and the need for effective management practices. In an effort to address these issues, Fisheries Improvement Projects (FIPs) have gained prominence as a mechanism for promoting sustainable fishing practices, with a social responsibility assessment tool recently added to the framework. Future of Fish’s recent report, "Advancing Finance for FIPs," sheds light on the financial aspects…

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Promoting financial inclusion of small-scale fisheries in Peru

Economic and cultural barriers mean that small-scale fishers in Peru often remain locked out from accessing financing, and from the benefits and opportunities of formalization. By Cristina Rocca, Future of Fish Sustainable Business Analyst Fishers are the stewards of the ocean, and their decisions directly impact the sustainability of the environment and the community’s livelihood. Because of this role, fishers should be well-positioned to access different sources of support and capital for projects, which can incentivize sustainability and resilience and support many UN Sustainable…

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Promoviendo a la inclusión financiera de la pesca artesanal en Perú

Las barreras económicas y culturales impiden a los pescadores artesanales de Perú acceder a la financiación y a los beneficios y oportunidades de la formalización. Por Cristina Rocca, analista de negocios sostenibles de Future of Fish (Artículo publicado originalmente en inglés) Los pescadores son los guardianes del océano, y sus decisiones repercuten directamente en la sostenibilidad del medio ambiente y los medios de vida de la comunidad. Debido a este papel, los pescadores deberían estar bien posicionados para acceder a diferentes fuentes de apoyo…

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Capital Coordination and Capacity Building in Duao

The role of a system intermediary isn’t about moving fish; it’s about moving information, money, and expertise to fill gaps in the system. And it’s critical for driving sustainable small-scale fisheries. The artisanal hake fishers in Duao, Chile are organized and motivated. But like so many other small-scale fishers who want to improve their practices, increase their capacities, and make changes to ensure they’re fishing sustainably, fishers in Duao struggle to access the resources to effect change. Laid out along a beautiful stretch of coastline,…

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Coordinación de capital y desarrollo de capacidades en Duao

(Artículo originalmente publicado en inglés) El papel de intermediario del sistema no consiste en mover pescado, sino información, dinero y conocimientos para llenar los huecos del sistema. Y es fundamental para impulsar la pesca sostenible a pequeña escala. Los pescadores artesanales de merluza de Duao (Chile) están organizados y motivados. Pero, como muchos otros pescadores artesanales que quieren mejorar sus prácticas, aumentar sus capacidades, y hacer cambios para garantizar una pesca sostenible, los pescadores de Duao luchan por acceder a los recursos necesarios para…

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Capital Coordination for Fisheries Transformation

Sometimes, when solving problems in complex systems, designing simple solutions can work best. One year after we hosted a panel on blended finance and fisheries at SOCAP (the Social Capital Markets conference in San Francisco), we will be returning to this conference with a refined perspective on blended finance, and share what we’ve learned first-hand in Peru, Chile and Belize for keeping blended finance simple. Overall, we believe that blended finance plays a major role in catalyzing fisheries transformation—the approach aligns efforts across multiple sectors, removes risks that…

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