Post by account_disabled on Mar 2, 2024 23:29:17 GMT -5
The transition toward sustainable fisheries. It is critical for funding to be channeled into fishing businesses as a way to incentivize a behavioral shift toward sustainable practices. With government resources becoming increasingly constrained as some nations address multiple challenges, there is a greater need to leverage private capital. Despite this need, there is a scarcity of platforms and financial instruments available to channel resources toward fisheries.
Bridging the gap Two organizations working to bridge this gap are Meloy Fund and Catch Together. Meloy Fund is an impact investment fund that makes debt and equity investments in BTC Number Data fishing-related enterprises that support the recovery of coastal fisheries in Indonesia and the Philippines. The fund is a subsidiary of Rare, a global conservation organization. Catch Together partners with fishing communities in the United States and Canada to structure and finance impact investments.
It also provides support services such as help for fishing communities in acquiring quotas. Risky business Smallholder agriculture and small-scale fisheries have similar business models. But impact investments in the latter are trailing behind. At this point, almost every fishery-management investment has been accompanied by some kind of subsidy. Dale Galvin, managing partner at Meloy Fund, said the unpredictability of fisheries is the reason for this.
Bridging the gap Two organizations working to bridge this gap are Meloy Fund and Catch Together. Meloy Fund is an impact investment fund that makes debt and equity investments in BTC Number Data fishing-related enterprises that support the recovery of coastal fisheries in Indonesia and the Philippines. The fund is a subsidiary of Rare, a global conservation organization. Catch Together partners with fishing communities in the United States and Canada to structure and finance impact investments.
It also provides support services such as help for fishing communities in acquiring quotas. Risky business Smallholder agriculture and small-scale fisheries have similar business models. But impact investments in the latter are trailing behind. At this point, almost every fishery-management investment has been accompanied by some kind of subsidy. Dale Galvin, managing partner at Meloy Fund, said the unpredictability of fisheries is the reason for this.