Ishengoma, Esther K. (2025) Innovative funding mobilization and financing mechanisms of fisheries and aquaculture value chains: Exploring the contribution of aquatic food value chains to global food systems transformation. p. 30.
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This paper was prepared to inform a Blue Food Forum organized by the FISH4ACP programme to discuss the key features of aquatic food value chains development approaches and their implications for global food system transformation and for the economic, environmental and social development of communities and countries. The paper identifies innovative funding mobilization and financing mechanisms for fisheries and aquaculture value chains (FAVCs), and the contribution of the FISH4ACP programme in facilitating these mechanisms. The paper is informed by: a review of literature including FISH4ACP programme reports on funding mobilization and financing mechanisms of FAVCs; and an analysis of primary data collected from coordinators of 12 VCs being supported by the FISH4ACP programme. It is further informed by the views of 52 participants who attended and discussed the paper at the mini-plenary, and discussions from the world café on mobilizing the private sector and the financing and investment networking session of the Blue Food Forum (BFF) which took place from 12th to 13th September 2024 at the Julius Nyerere International Convention Center, Dar es Salaam, the United Republic of Tanzania. Results show that traditional sources of funding are no longer adequate and sustainable, while investments required to transform the FAVCs are significant, with a resulting huge funding gap. Despite the emergence of innovative funding mechanisms such as blended finance, which a few developing countries like Seychelles and Indonesia are using to finance the development of their FAVCs, the FISH4ACP programme countries have so far continued to use traditional funding sources. A significant percentage of actors, policymakers and academia in these countries are less convinced about the use of these emerging sources as options to overcome the challenge of a funding gap. This could be caused by their lack of knowledge about the sources and how to apply them. Future engagements by FAO and other international development institutions may need to develop the capacity of policymakers, academia and financial services providers.
| Item Type: | Articles |
|---|---|
| Keywords: | FAO, Fisheries and Aquaculture Value Chains (FAVCs), Blue Food Forum (BFF), Social Development, Economic Development, Fishing Communities, Finance |
| Subjects: | Right to Resources |
| Depositing User: | Kokila ICSF Krish |
| Date Deposited: | 18 Sep 2025 10:50 |
| Last Modified: | 18 Sep 2025 10:50 |
| URI: | http://icsfarchives.net/id/eprint/22326 |
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