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Opportunities in the Caribbean Blue Economy-Full Report

The Blue Economy — a marriage between sustainable development and green growth — has huge potential benefits, especially for the Caribbean, a region known for its seas. For small island nations, the ocean provides resources and offers a rich set of opportunities for sustainable and equitable development that benefit communities and local economies. By World Bank’s estimates, the value of the ocean economy in the Caribbean is around US$407 billion. Today, momentum is building behind efforts to realize this uncharted, Caribbean Blue Economy promise.…

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Opportunities in the Caribbean Blue Economy-Executive Summary

The Blue Economy — a marriage between sustainable development and green growth — has huge potential benefits, especially for the Caribbean, a region known for its seas. For small island nations, the ocean provides resources and offers a rich set of opportunities for sustainable and equitable development that benefit communities and local economies. By World Bank’s estimates, the value of the ocean economy in the Caribbean is around US$407 billion. Today, momentum is building behind efforts to realize this uncharted, Caribbean Blue Economy promise.…

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A Guide for Advancing the “FIP+”

This guide provides FIP practitioners with design and strategy guidance to advance the success of FIPs across the economic, environmental, and social dimensions of a fisheries system. The content contributes to the growing body of work by FIP practitioners and researchers who are exploring new ways to build off the robust elements of the FIP model to better meet s more diverse fishery contexts and ensure FIPs responsibly account for social and economic outcomes in addition to environmental ones (CEA 2020, Peckham et al.,…

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Advancing Finance for FIPs: Strategies to unlock public and private finance for Fishery Improvement Projects (FIPs)

This report proposes a development framework and associated strategies for diversifying and increasing funding to support the success of FIPs, with a particular focus on small-scale fisheries (SSF) and fisheries in the developing world context. In particular, the framework: • Recognizes the key enabling conditions, drivers for impact, and requirements for investment, including both asset and enabling investments for a sustainable and profitable SSF; • Introduces the concept of a multi-level action strategy, which connects FIPs with other initiatives to build collective impact and…

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Opportunity: Pair Industry and Restoration

Pair industry and restoration in a way that taps into underutilized resources and piggy- backs on infrastructure and know-how that exists in other industries The ongoing efforts of the various entities working with oysters should be coordinated and consolidated into a cohesive partnership —Hudson River Foundation, et al. Oyster Restoration Feasibility Study Oyster restoration is expensive, ranging from thousands to millions of dollars per acre of reef. Most restoration projects remain small because of a shortage of cash. One solution to this bottleneck is…

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Opportunity: Engage Insurance, Financial Sectors

Engage the insurance and financial sectors to develop better risk mitigation strategies and improved dialogue around how to lower risk profiles of aquaculture farms. Risk management is overwhelmingly poorly addressed. Ecologically sound and commercially viable aquaculture is still in its infancy, and lack of capital is impeding growth. One of the impasses to investment is risk, both real and perceived. We did not see any significant involvement from the financial sector in either creating risk mitigation products, or offering loans that provide risk mitigation…

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Building a Sustainable Value Chain for New England Groundfish

Finance Needs and Opportunities for Investment The goal of this research was to assess the New England groundfish fishery’s constraints and uncover opportunities for fundable initiatives that might ensure both its economic viability, as well as support the conservation management successes secured through sector management. This report was prepared for the New Venture Fund’s New England Finfish Finance Needs Assessment project by Future of Fish and Neel Inamdar, with funding from the Gordon and Betty Moore Foundation. The New England groundfish fishery has experienced…

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