The main project objective is to alter the trajectory towards more sustainable and conversion-free aquaculture production within the Indonesia Seas Large Marine Ecosystem (ISLME). The focus will be on 2 key commodities which are important in the Asia and the Pacific region. For Indonesia, on shrimp to feed value chain as part of the broader shrimp infrastructure supply chain; and in Timor-Leste on the seaweed industry.

Project Details

GEF Project ID
10867
Country
Regional
Implementing Agencies
Asian Development Bank
Approval FY
2023
Status
Project Approved
Region
Regional
Executing Agencies
Indonesia: Ministry of Marine Affairs and Fisheries (MMAF) and Ministry of National Development Planning (Badan Perencanaan Pembangunan Nasional, BAPPENAS) Timor-Leste: Ministry of Agriculture and Fisheries (MAF)
GEF Period
GEF - 7
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
112,165,000
GEF Project Grant
4,449,542
GEF Agency Fees
400,458

Timeline

Received by GEF
15 Sep 2021
Concept Approved
01 Dec 2021
Project Approved for Implementation
09 Jun 2023