Bangladesh Sustainable Coastal and Marine Fisheries

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The objective of the Sustainable Coastal and Marine Fisheries Project is to increase coastal and marine fisheries’ contribution to the economy, poverty reduction, and environmental stability. The proposed PDO of the first project under the series (phase one) is to improve management of coastal and marine fisheries and aquaculture. There are four components to the project, the first component being Enabling Activities for Sustainable Fisheries Sector Investments and Growth. Component one supports the GOB commitment to sustainably develop the country’s enlarged EEZ19 through: (a) more effective management of coastal fisheries, with responsibilities shared between the DOF and artisanal fishing communities; (b) improved sector transparency, integrity, and accountability; and (c) gender‐balanced institutional development. This component includes three subcomponents: stock assessment and development of national fishery management plan, enabling investments in sustainable fisheries, and MCS development and IUU fishing reduction. The second component is the improving infrastructure and production practices. This component supports closing of basic infrastructure and technical capacity gaps to promote integrated value chain development and compliance with standards. It will support measures for improving genetic quality, biosecurity, and disease control in shrimp hatcheries that are expected to significantly reduce coastal aquaculture exposure to devastating disease outbreaks and production crashes. This component includes three subcomponents: infrastructure improvements for capture and culture fisheries, value chain and food safety development, and boosting coastal aquaculture productivity. The third component is the community empowerment and livelihoods. The component uses a community‐driven development (CDD) approach and a package of investment and financial support aiming at strengthening community fisheries management and transforming livelihoods in poor fishing communities by reducing dependence on fishing. This component includes two subcomponents: fishing community institutions and alternative livelihoods development, and business development and market linkages for alternative livelihoods. Finally, the fourth component is the project management and monitoring.