The Sultanate of Oman is trying to diversify its economy beyond oil and, as part of that initiative, is working to overhaul its fisheries sector.
Sustainable fisheries development along the East Africa coast and in the South West Indian Ocean (SWIO) region is to receive World Bank financial support, following recent approval of a US$91 million fisheries loan and grant package aimed at improving regional cooperation and management of near shore and deep sea marine resources.
The World Bank recently has approved a US$9.17 million fisheries project grant that will be divided among five international organisations to fund the work of ocean partnerships in promoting sustainable fisheries and marine biodiversity conservation.
West African countries are cracking down on illegal fishing and starting to launch community rights based fisheries as part of new efforts to introduce sustainable fisheries management and protect their valuable marine resources.
A new 80-page World Bank report entitled 'FISH TO 2030: Prospects for Fisheries and Aquaculture' - available for free online on the World Bank and FAO websites - represents a global view of fish supply and demand generated by an improved International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT).
A new report predicts that aquaculture will provide close to two thirds of global food fish consumption by 2030, as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases.
A panel of business, government, conservation and academic leaders has agreed a global strategy for aligning ocean health and human well-being.
The World Fisheries Congress (WFC) has announced that James L. Anderson, The World Bank’s leader of Global Program on Fisheries and Aquaculture (PROFISH) will speak at the Congress in May 2012.
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