[ABNJ Ocean Partnerships] Investing in Grenada’s Yellowfin Tuna Exports - A buisness case to incentivize and facilitate required reductions in billfish mortality
This business case evaluates two strategies from a financial perspective, while providing links to environmental outcomes related to reducing billfish mortality. It also summarizes the anticipated social implications of increased YFT values and reduced billfish landings based on interviews carried out in country. These changes are linked to improvements in operational efficiency and increased market value to compensate fishers and other value-chain actors for the additional costs of implementing and/or complying with the conservation measures and enforcement mechanisms. Finally, the business case includes a summary of the relevant anticipated risks associated with the proposed investments. It was developed as part of the GEF-funded, World Bank-implemented Ocean Partnerships for sustainable fisheries and biodiversity conservation (OPP), a sub-project of the Common Oceans ABNJ Program led by UN-FAO.
29 May 2019