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Somali Sustainable Fisheries Development Project - Badmaal

Sector: Raw Materials • Location: Somalia, Federal Republic of

Source: World Bank Group

Project
Active

The development objective of the Sustainable Fisheries Development Badmaal Project for Somali is to improve the capacity of targeted communities and authorities to benefit from and effectively manage selected fisheries. The project comprises of three components. The first component, increasing the capacity of dependent communities to benefit from sustainable marine fisheries aims to establish or i

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The project “Somali Sustainable Fisheries Development Project - Badmaal” is an infrastructure initiative in the Raw Materials sector, located in Somalia, Federal Republic of. Taiyo aggregates data on it from World Bank Group.

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active

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Description

Description

The development objective of the Sustainable Fisheries Development Badmaal Project for Somali is to improve the capacity of targeted communities and authorities to benefit from and effectively manage selected fisheries. The project comprises of three components. The first component, increasing the capacity of dependent communities to benefit from sustainable marine fisheries aims to establish or improve small-scale fisheries sustainable infrastructure that is climate resilient, and financially viable and value chains with primary beneficiaries being fishers, fish workers and their communities including cooperatives and micro-small-medium enterprises (MSMEs). It consists of following sub-components: (i) climate-resilient fisheries infrastructure; and (ii) improving fishing, handling, processing, and marketing techniques to enhance quality and value-addition. The second component, strengthening marine fisheries governance and management will set the foundation for long-term climate resilient Somali fisheries that are managed for sustainability by investing in fisheries governance as laid out in the 2023 Fisheries Law. It consists of following sub-components: (i) laying a foundation for effective, transparent, and equitable fisheries resource governance and management; (ii) developing a comprehensive Monitoring Control and Surveillance (MCS) system to fight illegal unregulated and reported (IUU) fishing in Somali waters; (iii) fisheries statistics and stock assessments; and (iv) strategic studies on fisheries development and blue economy. The third component, project management monitoring and evaluation will ensure effective implementation of project activities and fiduciary management and effective monitoring and evaluation, and conformity with the World Bank environmental and social framework (ESF).

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Source

Source reliability

High

Data quality score

100%

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URL

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