New fund launches first FIP in Chile


A new fund’s inaugural FIP will focus on a Chilean fishery critical to the aquaculture sector

Set up in April last year with the aim of injecting more than $100 million into fisheries management by 2030, the Fisheries Improvement Fund has launched its first fishery improvement project.

The FIP is led by the World Wildlife Fund and Finance Earth, with input from feed companies Cargill and Skretting, large-scale seafood buyers, pet food manufacturers and philanthropic organisations.

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