West Africa’s oceans get $68 million lifeline amid fisheries decline

Mongabay
Mongabay
2M ago
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A $68 million initiative has been launched to combat fisheries decline in West Africa, addressing illegal fishing and promoting sustainable practices. This effort is crucial for the region's economy and livelihoods.
West Africa’s oceans get $68 million lifeline amid fisheries decline
A What happened
The West Africa Sustainable Ocean Programme (WASOP) has been launched with a funding of $68 million from the European Union to tackle the alarming decline of fisheries in West Africa. This initiative is spearheaded by the International Union for Conservation of Nature (IUCN), the U.N. Food and Agriculture Organization (FAO), and the Fisheries Committee for the West Central Gulf of Guinea (FCWC). The program aims to address illegal fishing, restore marine ecosystems, and promote a sustainable blue economy across 13 coastal nations. With over half of the fish stocks in the region being unsustainably exploited, the initiative is crucial for the Economic Community of West African States (ECOWAS), where fishing contributes significantly to GDP. Experts emphasize the need for effective implementation and transboundary cooperation to ensure success. A call for pilot projects worth €10 million is expected soon to support local blue economy initiatives, aiming to create jobs and reduce poverty in the region.

Key insights

  • 1

    Funding for Fisheries: The EU has allocated €59 million to support sustainable fishing practices.

  • 2

    Transboundary Approach Needed: Effective management requires cooperation across national borders.

  • 3

    Impact on Local Economies: Fishing is vital for the livelihoods of many in West Africa.

Takeaways

The WASOP initiative represents a significant step towards sustainable fisheries management in West Africa. Its success will depend on effective implementation and collaboration among the involved countries.

Topics

Business & Markets Economy Climate & Environment Sustainability

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