📋 Tender Overview
Project ID: P174137
The proposed development objective of the project is to improve management of coastal fishery resources, enhance the value of fisheries production and increase fisheries-derived incomes within coastal communities, in selected Fishery Management Areas (FMAs).Key Results (From PCN)23.The following are the proposed PDO results indicators:Improved management of fish stocks and coastal ecosystems. This would be measured through a composite index (to be developed during preparation), which could include indices such as, among others: (i) enforcement of science-informed catch / effort limits for fish stocks; and (ii) the area of key marine habitats effectively protected.Increase in value for selected fishery value chains in the selected FMAs. This would be estimated through customized surveys (at baseline, midterm and end of the project) for selected fishery value chains, in both control and intervention areas.Increased income of fisherfolk households derived from aquaculture, capture fisheries and fisheries-related livelihood and enterprise incomes. This would be estimated through customized surveys (at baseline, midterm and end of the project) for selected fishery value chains, in both control and intervention areas. The project is expected to be supported by a World Bank IBRD loan of US$200 million, with an implementation period of seven years. Detailed Project costs will be determined during preparation as part of the BFAR Feasibility Study, as well as the budget allocation across the three components. Components 1 and 2 cover improved management of fisheries resources and development of supportive infrastructure and fisheries enterprises, respectively. These would be coordinated and are interdependent because improved management of the fishery resources provides the basis for a sustainable fisheries industry, in the absence of which, investment in productive capacity typically threatens, rather than enhances the long-term value of fisheries output. Where built upon a foundation of robust resources management, however, enhancement of the value generated from fisheries helps to both justify the expense of tighter harvesting controls as well as mitigate their short-term impact through the provision of alternative livelihoods and sustainable enterprises. Furthermore, conditional support for fisheries enterprise development can provide an incentive for community compliance with resource management systems
Development Objective
To improve management of targeted fisheries resources and enhance the value of fisheries production to coastal communities in select ed Fishery Management Areas (FMAs).
