Publication: Developing Impact Investment Opportunities for Return-Seeking Capital in Sustainable Marine Capture Fisheries
Date
2017-05
ISSN
Published
2017-05
Author(s)
Inamdar, Neel
Band, Larry
Jorge, Miguel Angel
Tullos Anderson, Jada
Vakil, Roya
Abstract
The Food and Agriculture Organization
(FAO) of the United Nations estimates that fisheries and
aquaculture assure the livelihoods of 10 to 12 percent of
the world’s population, with more than 90 percent of those
employed by capture fisheries working in small-scale
operations in developing countries. The potential to
generate increasingly sizable environmental, social, and
financial returns from the ocean can only be achieved if
fisheries are managed in a sustainable and responsible
manner. Understanding the concerns and needs of impact
investors will allow development organizations,
non-government organizations (NGOs), and others, to better
design their interventions to encourage private sector
participation while leveraging and preserving scarce public
dollars for critical public investments. This paper provides
an overview for international development organizations,
development finance institutions, NGOs, and the governments
they work with of: (i) the key concerns that impact
investors may have when considering the financing of
sustainable fisheries, and (ii) potential approaches for
public-private partnerships to overcome these obstacles. It
presents three models for sequencing and combining different
sources of capital to overcome these obstacles: serial
approach; consolidated approach; and parallel approach.
Finding effective ways to combine public and private
financing and coordinate interventions will help ensure that
capture fisheries continue to provide long-term economic
benefits and remain plentiful for the millions of people who
depend on fish for food and livelihoods.
Citation
“Inamdar, Neel; Band, Larry; Jorge, Miguel Angel; Tullos Anderson, Jada; Vakil, Roya. 2017. Developing Impact Investment Opportunities for Return-Seeking Capital in Sustainable Marine Capture Fisheries; Developing Impact Investment Opportunities for Return-Seeking Capital in Sustainable Marine Capture Fisheries. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/31462 License: CC BY 3.0 IGO.”