Southwest Indian Ocean Fisheries Project - SWIOFP

Project Summary

The proposed project is one of several projects that will be linked among IAs to address fisheries issues of the two LMEs in the SW Indian Ocean (Somali Current and Agulhus Current). This proposal is from the World Bank with an objective of developing and then implementing a management strategy that links biodi protection of fish species to sustainable use of the fisheries. Distant water fishing fleets are likely depleting the WIO within the 200 mile EEZ of some of the countries. However, the status of the fisheries is virtually unknown. Without this information there are barriers to establishing management institutions under the Law of the Sea. The intent is that bilateral grants, GEF, and IDA finance(APL) can be mobilized to develop the institutions necessary to sustainably manage the economically valuable fisheries, conserve for artisinal and community purposes the overlapping nearshore fisheries, sustain the related biodiversity, and mobilize coastal communities.

Project Details

GEF Project ID
1082
Project Type
Full-size Project
Status
Completed
Country
Regional
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Ministry of Water and Forestry, Fisheries and Reforestation, in charge of Environment and Protection of Nature; Ministries of Fisheries from participating countries; UNDP (WIOMEP); UNEP (WIO-LAB)
GEF Project Manager
Alfred M. Duda |

Financials

Project Preparation Grant Amount
375,000 USD
GEF Project Grant
12,000,000 USD
Co-financing Total
22,950,000 USD
GEF Agency Fees
1,145,250 USD
Total Cost 35,325,000.00 USD

Project Timeline

Received by GEF
12 Apr 2001
Preparation Grant Approved
14 Aug 2000
Concept Approved
01 Jul 2005
Project Approved for Implementation
05 Apr 2007
Project closed
30 Nov 2011