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
Country
Regional
Implementing Agencies
The World Bank
Approval FY
2007
Status
Completed
Region
Regional
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 Period
GEF - 3
Project Type
Full-size Project
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
17,510,000
GEF Project Grant
12,000,000
GEF Agency Fees
1,145,250

Timeline

Received by GEF
12 Apr 2001
Concept Approved
01 Jul 2005
Project Approved for Implementation
04 Apr 2007
Project Closed
04 Oct 2013