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Pacific Islands Regional Oceanscape Program - Tuvalu

Sector: Forest Products and Packaging • Location: Tuvalu

Source: World Bank

Project
Closed

The objective of the Pacific Islands Regional Oceanscape Program Project for the Federated States of Micronesia is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. The project has four components. (1) Sustainable management of oceanic fisheries component will help participating Pacific Island countries s

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The project “Pacific Islands Regional Oceanscape Program - Tuvalu” is an infrastructure initiative in the Forest Products and Packaging sector, located in Tuvalu. Taiyo aggregates data on it from World Bank.

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closed

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Description

Description

The objective of the Pacific Islands Regional Oceanscape Program Project for the Federated States of Micronesia is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. The project has four components. (1) Sustainable management of oceanic fisheries component will help participating Pacific Island countries strengthen the management of the region's purse seine and long-line tuna fisheries. The component includes activities to: (i) strengthen the capacity of national and regional institutions to sustainably manage Pacific Island tuna fisheries; and (ii) ensure an equitable distribution within Pacific Island countries of the benefits of sustainably managed tuna fisheries. (2) Sustainable management of coastal fisheries component aims to support participating countries to sustainably manage defined coastal fisheries and the habitats that support them, focusing on those with the greatest potential for increased benefits, i.e. coastal fisheries such as beche-de-mer (BDM) that (i) can generate export earnings for the country, and/or (ii) support livelihoods, food security and dietary health. Towards this objective, this component includes activities to: (i) empower stakeholders to sustainably manage targeted coastal fisheries in participating countries; and (ii) link sustainable coastal fish products to regional markets. This component will provide climate change co-benefits by supporting adaptation in the form of better management of coastal fisheries and natural defenses. (3) Sustainable financing of the conservation of critical fishery habitats component will help identify revenue streams to sustainably finance the conservation of critical habitats that underpin oceanic and coastal fisheries in the region. This component also provides climate change co-benefits by supporting mitigation, in the form of conservation of vegetated coastal habitats that sequester significant amounts of carbon. (4) Regional coordination, implementation support, national program management and monitoring and evaluation component will provide regional coordination, implementation support and project management, to ensure a coherent approach to program implementation and wide dissemination of results and lessons learned; as well as implementation support and training as needed for the program to achieve its objectives.

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Source

Source reliability

High

Data quality score

100%

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