| Project Detail |
The development objective of Forum Fisheries Agency (FFA) : Pacific Islands Regional Oceanscape Program - Second Phase for Economic Resilience Project for Pacific Islands is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. This project has four components. 1) The first component, Consolidating oceanic fisheries management, has the following sub-components: (i) Identifying, quantifying and reducing risks of IUU fishing in oceanic fisheries; and (ii) Enhancing the fisheries management capacity of Targeted FFA Members. 2) The second component, Harnessing economic benefits of oceanic fisheries to the regional economy, has the following sub-components: (i) Modelling and forecasting economic and social benefits of fisheries development; and (ii) Improving investment climate and negotiation capacity. 3) The third component, Strengthening FFA’s operating environment, has the following sub-components: (i) Low carbon transition for FFA’s infrastructure; (ii) Strengthening FFA’s cybersecurity, cloud business continuity, and business planning and accounting; and (iii) Engaging citizens on the regional importance of fisheries. 4) The fourth component, Project Management, aims to finance the Project Management Unit (PMU) to implement and manage the project, including staffing and operation of said unit to conduct monitoring and evaluation, environmental and social risk management, and financial and procurement management.
The Development Objective of the Series of Projects is to strengthen the shared management of selected Pacific Island oceanic and coastal fisheries, and the critical habitats upon which they depend. For FFAs second phase Project ("FFA PROPER"), the Project Development Objective (PDO) is to strengthen regional capacity for management and sustainable development of the oceanic fisheries sector in Selected Pacific Island Countries. Targeted FFA member countries include: Federated States of Micronesia, Independent State ofPapua New Guinea, Independent State of Samoa, Kingdom of Tonga, Nauru, Palau, Republic of Fiji, Republic of Kiribati, Republic of the Marshall Islands, Republic of Vanuatu, Solomon Islands, and Tuvalu.
Key Details
Project Details
Project ID
P177661
Status
Active
Team Leader
NIL,Nina Doetinchem,Xavier F. P. Vincent
Borrower 2
Forum Fisheries Agency (FFA)
Country
Pacific Islands
Approval Date
(as of board presentation)
July 28, 2023
Total Project Cost 1
US$ 0.00 million
Implementing Agency
Forum Fisheries Agency (FFA)
Region
East Asia and Pacific
Fiscal Year 3
2024
Commitment Amount
US$ 9.00 million
Environmental and Social Risk
Low
Last Update Date
April 28, 2023
Closing Date
July 31, 2028
Consultant Services required
Yes
Last Stage Reached
Bank Approved |
