AFCC2/RI-South West Indian Ocean Fisheries Governance and Shared Growth Project 1

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The objective of the First South West Indian Ocean Fisheries Governance and Shared Growth Project for the Africa region is to improve the management effectiveness of selected priority fisheries at the regional, national and community level. The project is designed to contribute to the World Bank Group’s corporate goals of ending extreme poverty and promoting shared prosperity in a sustainable fashion. It recognizes the importance of fisheries as a key contributor to food security and nutrition, safety net, and job creation for rural coastal populations of the SWIO, which are among the poorest and most vulnerable. The project consists of the following components: Component 1. Enhanced regional collaboration: All SWIOFC countries will participate in this first component, implemented by the IOC. It will support the provision of a regional public good through regional coordination and cooperation for the management and sustainable development of fisheries in the SWIO. Component 2. Improved governance of priority fisheries: The component primarily targets policies, strategies, institutions and legal frameworks, and actions by the public sector necessary to improve priority fisheries management and performance, as well as regional marine environmental health and resilience to climate change. Component 3. Increased economic benefits from priority fisheries: The component primarily targets increasing the value addition and diversifying fishers’ livelihoods to reduce poverty and pressure on the region’s fisheries, improving the regional business climate, enabling the private sector productivity and investment, and supporting public investments critical to a viable private sector. Component 4. Project management and coordination: This last component will support regional Project coordination and implementation, country-level implementation and management, and monitoring and evaluation at regional and country level.