MSC ups sustainability drive by $100m


Non-profit plans to channel the money through its Ocean Stewardship Fund

Plans to mobilise US$100 million to safeguard the ocean and sustainable seafood supplies over the next decade have been laid out by the Marine Stewardship Council (MSC).

Stating that combined pressures on the ocean such as climate change, overfishing, habitat destruction and poor fisheries management are presenting a major challenge for fisheries-dependent communities, the non-profit organisation will channel the money through its Ocean Stewardship Fund (OSF), which has already allocated $10 million through MSC label royalties and third-party donations.

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