SFP leads five-year project to boost sustainable fisheries in Africa and Latin America
What happened
SFP is leading the Global Marine Commodities 2 Project, a five-year collaboration aimed at improving fisheries sustainability. This project involves seafood value chain actors and public and private partners across six countries in Northwest Africa and Latin America. SFP is acting as the executing agency for the project, which is implemented by the United Nations Development Programme and funded by the Global Environment Facility. The initiative uses market-based tools to reduce overfishing and strengthen supply chains in specific marine ecosystems.
From perishablenews.com
Why it matters
The project aims to heighten market demand for sustainable seafood products and ensure responsible supply from the participating regions. By strengthening fisheries supply chains, the initiative seeks to transform the seafood market in the Canary Current Large Marine Ecosystem and the Pacific Central American Coastal Large Marine Ecosystem.
From perishablenews.com
Who's involved
- SFPLeading the collaboration and acting as the executing agency for the project.
- Latin AmericaRegion where the project strengthens fisheries supply chains.
- Northwest AfricaRegion where the project strengthens fisheries supply chains.
- United NationsImplementing the Global Marine Commodities 2 Project.
- Global Environment FacilityFunding the Global Marine Commodities 2 Project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MauritaniaSpeculative
Mauritania could see changes in its fisheries supply chains as part of the GMC2 Project.
- MoroccoSpeculative
Morocco could see changes in its fisheries supply chains as part of the GMC2 Project.
- SenegalSpeculative
Senegal could see changes in its fisheries supply chains as part of the GMC2 Project.
- PanamaSpeculative
Panama could see changes in its fisheries supply chains as part of the GMC2 Project.
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The entities involved
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SFP
Japanese business
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Latin America
region of the Americas where Romance languages are primarily spoken
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Northwest Africa
western part of northern Africa
Nothing else this week.