Proper management of fisheries, investment in sustainable aquaculture and protection of key habitats can restore the productivity of the ocean and return benefits to billions in developing countries while ensuring future growth, food security and jobs for coastal communities. The World Bank and many of our partners have adopted what we call the Blue Economy approach to oceans and waterways.
This approach supports economic growth, social inclusion and the preservation or improvement of livelihoods while at the same time ensuring the environmental sustainability of oceans and coastal areas. This new trust fund focuses on four key themes: The Economic Justification for Fisheries Reform , and more. In , the World Bank released The Potential of the Blue Economy Report , which discusses long-term benefits of the sustainable use of marine resources for small island developing states and coastal least developed countries.
The Bank convenes partners and stakeholders to mobilize ocean investment, advocate for positive reforms and ensure that healthy oceans remain on the global development agenda. The WACA program provides countries with access to technical expertise and finance to support sustainable development in the coastal zone, using management of coastal erosion and hazardous flooding as an entry point.
In Vietnam , the Coastal Resources for Sustainable Development Project aims at improving the sustainable management of coastal fisheries. It has successfully promoted integrated spatial planning ISP for coastal areas, adoption of improved biosecurity in aquaculture, and co-management arrangements for near-shore capture fisheries. ISP has been successfully implemented in 40 coastal districts and communes, contributing to the reduction of conflicts among sectors.
Some 97 co-management groups CMGs have been established involving 13, households over km of coastline. In the areas under management of the CMGs, fishing violations have been reduced by over 30 percent while three high biodiversity Locally Managed Marine Areas have been established covering around 90, ha. Also, it supports efforts to reduce over the long-term the discharge of nutrients into water bodies leading to the Danube River and Black Sea through integrated land and water management.
Over communes have benefited from support under the first phase of the project, 11 sewerage systems and communal wastewater treatment plants were built, seedlings were planted on hectares in 57 communities, and laboratory equipment were secured for water quality testing; a first Romanian pilot plant for biogas production from manure was built.
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Sewage treatment plants for about 1 million people were completed, contributing to prevent the flow of more than 80 million liters of untreated sewage into the ocean per day and to protect over km of coastline. It does so by supporting efficient management, promoting tourism, as well as creating jobs, business opportunities, and livelihood activities that focus on conservation and biodiversity. An estimated 11, households or 56, people are set to directly benefit from the project.
In four of the five established protected areas, the effectiveness of park management increased by at least 15 percent from to Launched in with four countries, the program expanded to 10 countries with about half of them moving into Phase II which added interventions to curb climate change impacts.
For countries such as Liberia and Sierra Leone, reduction in IUU fishing has had direct positive results on livelihoods in coastal communities. In all countries, fisheries legal frameworks are better aligned on international standards and 37, canoes have been registered. Senegal has successfully piloted community led fisheries management. In Liberia, the introduction of energy-efficient smoker ovens solely operated by women, cut by half the amount of fuel need, reduced smoke emissions, enhanced fish quality and improved livelihoods with higher revenues and better health.
In Peru , the Bank partnered with the government to spur the adoption of new regulations to reduce overcapacity in the anchoveta fishing fleet.
Fisheries support
By December , a total of wood and steel vessels had been retired, representing around 30 percent of the original fleet. Harvesting was kept within the catch limit, set based on scientific evidence, to keep the fishery sustainable. As a result, independent fishers who remained in the sector landed a better-quality product and negotiated a percent increase in price for the sale of their catch. Thailand Beyond the Crisis. Surviving against the Odds. The Common Wealth in Ocean Fisheries. Business Management for Tropical Dairy Farmers.
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