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Empowering Chile’s coastal communities: How Mi Caleta transforms artisanal fishing into a model for sustainable prosperity

At Future of Fish Chile, we believe that artisanal fishing can be a source of prosperity and conservation for the country’s coastal communities. Our commitment is to support artisanal fishers so their products not only reach the market but do so with the fair value they deserve, all within a sustainable framework. We aim to build a world where fishing communities are resilient guardians of marine ecosystems, capable of thriving while protecting the sea that sustains them. Through an interdisciplinary approach and the power…

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Power of Partnerships: Promoting responsible artisan fisheries in Guatemala

Oikocredit worked with the international NGO Future of Fish to assess a potential social enterprise partner in Guatemala, Coastal Catch, regarding its fishing practices and controls. The outcome was positive, and Oikocredit has made a five-year loan to Coastal Catch. This article was originally published on Oikocredit's website. Along Guatemala's Pacific coast stretches a 254 km long expanse of dunes and sandy beaches, bordered by mangrove-lined lagoons. These ecosystems play a crucial role in providing vital environmental services such as serving as breeding grounds…

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Peru Artisanal Fisher Development Fund — Unlocking benefits for fishers and cooperatives

Updated July 11, 2024 Future of Fish and partners are excited to announce the Artisanal Fisher Development Fund (the Fund), a pilot loan guarantee fund to facilitate access to credit to support formalization, sustainable practices and financial inclusion amongst Peru´s artisanal fishing sector .  The Fund aims to facilitate access to credit for working capital loans through aggregated purchase programs of Coops for inputs such as gas, ice, oil, and other fishing essentials the savings of which will be passed on to fisher members…

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The power of partnerships: MAR Fund & Future of Fish

Future of Fish recently partnered with the Mesoamerican Reef Fund (MAR Fund) to update business models and suggest investment strategies for the Belizean seaweed industry. Our team connected with the team at MAR Fund to discuss the project a little more, and understand how the organizations work supports each other's mission. MAR Fund Question — MAR Fund’s mission is to drive regional funding and partnerships for the conservation, restoration, and sustainable use of the Mesoamerican Reef (MAR). Tell us about your focus in Belize.…

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Advancing finance for fisheries improvement

Fisheries are a crucial part of our global food system, providing sustenance and livelihoods for millions of people worldwide. However, many fisheries face significant challenges, including overfishing, habitat degradation, and the need for effective management practices. In an effort to address these issues, Fisheries Improvement Projects (FIPs) have gained prominence as a mechanism for promoting sustainable fishing practices, with a social responsibility assessment tool recently added to the framework. Future of Fish’s recent report, "Advancing Finance for FIPs," sheds light on the financial aspects…

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Navigating the Challenges: Peru’s informal economy in the fishing industry

Peru, renowned for its coastal beauty and marine biodiversity, faces unique challenges within its informal economy, particularly in the fishing industry. The livelihoods of countless fishers are intricately tied to informal practices, presenting a set of issues that impact both individuals and the sustainability of marine resources. Peru is one of the leading fishing nations in the world, historically coming in second only to China in terms of tons of wild fish caught. It’s no surprise that the fishing industry is a vital component…

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