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SUSTAINABLE FISHERIES

THE CHALLENGE

Artisanal fishers comprise up to 90 percent of employment in capture fisheries worldwide. Coastal fish stocks are at high risk of depletion due to overfishing, marine pollution, and climate change. As a result, small-scale fishers are forced to focus their efforts farther from shore, often without adequate equipment.

In Indonesia, small-scale fishing communities – 94 percent of the sector – have limited economic returns from their activities due to the lack of access to export markets, lack of investment capital, and challenges related to quality. Fish bound for export command prices well above those at the local wet market. Poorly compensated for their catch, fishers are unable to invest in basic items such as blocks of ice, knives, and cool boxes, and hence can’t reach the standards of quality for export. Adding to this, Indonesian fishers are not aware of the techniques required to deliver a high-quality product. All these factors conspire to keep export markets out of reach and fishers’ incomes low.

OUR SOLUTION
Marine Change works on the business challenges associated with fisheries improvement projects (FIPs), Marine Stewardship Council (MSC) and Fair Trade certification, ghost gear mitigation, vessel monitoring system (VMS) technologies and platforms, traceability (including blockchain), and the economic impacts of harvest control rules. Our geographic expertise is Southeast Asia and the Western Pacific.

We build financial projections, assist with capital raises, and develop branding strategies for sustainable fishing and fish trading operations.


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