May 3, 2018 — The World Bank has granted just under USD 5 million (EUR 4.1 million) to Jamaica to support a project aimed at helping vulnerable fishing communities.
Jamaica’s Minister of Finance and Public Service, Dr. Nigel Clarke, signed the USD 4.8 million (EUR 3.92 million) agreement at the end of March with World Bank Country Manager Galina Sotirova that will provide funding for the “Promoting Community-Based Climate Resilience in the Fisheries Project.”
The project’s aim, according to a story carried on the Jamaica Information Service website, is “to strengthen the fisheries policy and regulatory framework for climate resilient fisheries and aquaculture management; build capacity to promote sustainable fisheries management; support fishing and fish farming communities to adopt climate-resilient aquaculture, coastal mari-culture/poly-culture, diversify their livelihoods and raise awareness of climate change impacts on the fisheries sector.”
“The project will also contribute to the objectives of the 2015 National Fisheries and Agriculture Policy, aimed at improving the sustainability of Jamaica’s fisheries,” Dr. Clarke said.
Read the full story at Seafood Source