18 December 2018 - The global increase in demand for seafood coupled with an increase in the number of fisheries poorly managed, overfished, or negatively affected by illegal, unreported and unregulated (IUU) fishing, poses a significant threat to the sustainability of fish stocks, ocean biodiversity, and the livelihoods of millions of fishermen and women across the world.
To solve these pressing issues in the seafood sector, engagement between stakeholders to establish fishery management strategies (co-management) is essential. Co-management has been demonstrated in several countries and contexts to be an effective governance mechanism to improve the sustainability of fisheries, and is at the heart of the Global Marine Commodities Project (GMC). GMC is an interregional initiative implemented by the Ministries and Bureaus of Fisheries and Planning of Costa Rica, Ecuador, Indonesia and Philippines, with technical support of the United Nations Development Programme (UNDP), facilitated by the Sustainable Fisheries Partnership (SFP)and funded by the Global Environment Facility (GEF).
The GMC Project contributes to improve the seafood sector by mainstreaming sustainability in the value chain of fishery commodities from developing countries.
This is done by:
1) creating dialogue roundtables (platforms) for improved fishery governance, and
2) engaging international seafood market players to drive changes in target fisheries towards sustainability.
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