Subscribe     Pay Now

Philippines Project Notice - Mindoro Strait Sustainable And Equitable Tuna For Bankability


Project Notice

PNR 48123
Project Name Mindoro Strait Sustainable and Equitable Tuna for Bankability
Project Detail CTR Reference No. 429326 Title of the project Mindoro Strait Sustainable and Equitable Tuna for Bankability Implementing organisations WWF Philippines and WWF Austria Project Location/s Occidental Mindoro Operational Duration (start date – end date of activities) Feb 1, 2022- Jan 31, 2025 Allocated budget (EU contribution only) Eur 1,250,000 Overall and Specific objectives (simplified – for publication) Overall Objective: A fully sustainable sourcing and equitable seafood production leads to an enabled and strengthened ecology-based economies of the fisheries and aquaculture sector in the Philippines. Specific Objective: Sustainable fishing and resource-efficient processing practices in Occidental Mindoro allow for a more equitable participation in national and international seafood supply chains. Main target groups (1) Three (3) industry associations: Philippine Association of Tuna Processors, Inc.; Fresh Frozen Seafood Association of the Philippines; and Philippine Cephalopod Association of Producers and Exporters, Inc. (2) Occidental Mindoro Federation of Tuna Fishers Associations (3) Women’s Committee in Occidental Mindoro Main activities (simplified – for publication) 1. Work with MSMEs to reduce post-harvest losses through the provision of training in innovations in tuna processing practices. 2. Training and capacity building session to upskill the capacity for MSMEs to meet International Traceability and Sustainability Standards. Development of sustainable alternative livelihoods with MSMEs resulting in a portfolio of bankable projects and establish financing mechanisms for sustainability-led investments in sustainable and alternative livelihood. 4. Share experiences and lessons learned through the contracting of communication materials and paraphernalia which will be shared and published in local and regional platforms, including the Coral Triangle Program Knowledge Platform, including the Coral Triangle Center in Bali, Indonesia. Sustainability of the Project FINANCIAL: - Developing feasibility plans for new and improved livelihood systems, and the subsequent business planning exercises for select project to ensure the bankability of the entire portfolio. - Ensuring financing mechanisms and investment funds are secured for livelihood systems ensures their financial sustainability by working closely with stakeholders such as the BFAR, the Department of Finance, and the Department of Trade and Industry, as well as financial institutions. - By improving stock health, operational efficiency and market value, the Action will de-risk investment (currently perceived as high risk) and attract fisheries investment experts to invest. INSTITUTIONAL: - The formation of the Provincial Tuna Industry Development Council, responsible for implementing and monitoring the Occidental Mindoro Tuna Road Map, will be an important step in ensuring the continuity of the action. - Local, community-based organizations: The Tuna Fishers’ Associations (TFAs), the Industry Associations, and Women’s Committees will be key target groups and stakeholders in the project, capacitated to achieve efficiency and certifiable standards and quality of fishing and post harvesting, as well as active stakeholders in fishing governance. - The development of institutional linkages between the TFAs and Women’s Committees and investors and financial institutions will put in motion investment models and institutional relationships. - Identification of community leaders from the TFAs, LGUs, and women’s committees to train in area management that will advocate for the needs and interests of the fishing communities, building future leaders. POLICY-LEVEL: - Engagement with the Provincial Government of Occidental Mindoro together with the Department of Trade and Industry (DTI) as well as Bureau of Fisheries and Aquatic Resources (BFAR) in advancing the Occidental Mindoro Tuna Road Map and the formation of Provincial Tuna Industry and Development Council so as to ensure that all the management actions and measures initiated on this project will be institutionalized. - Contribution in national policy frameworks to improve fisheries in the country (such as the National Comprehensive Industry Action Plan and the Comprehensive Post-Harvest, Marketing, and Ancillary Industries Plan) and international commitments under SDG 14, 12, 1, 5, and 8 for resource-efficient sustainable and equitable seafood supply chains. - Establishment of concept for the nationallevel Fishery Improvement Programs (FIPs), mainstreaming the socio-economic impact measures derived from the internationally recognized Social Responsibility Assessment tool for the Seafood Sector. ENVIRONMENTAL: - Sustainable, resource-efficient technologies and practices reduce post-harvest losses to mitigate waste generation in the tuna seafood supply chain. - New or improved existing sustainable livelihood systems (e.g. insect feeds farming that use bio-waste for propagation) to create new investment opportunities that will ease pressure on the oceans, advance circular economies, and improve the welfare of the small-scale fisherfolk. - Behavioral change of communities, government authorities, industry associations, and financial institutions to engage in sustainable seafood sourcing, advancing sustainable fishery economies. Target SDGs SDGs 1, 8, 12, and 14.
Funded By World Wildlife Fund(WWF)
Sector Advertising & Media
Country Philippines , South Eastern Asia
Project Value PHP 1,250,000

Contact Information

Company Name WWF Philippines and WWF Austria

Tell us about your Product / Services,
We will Find Tenders for you