Final Report for Public Consultations among Key Stakeholders in Fisheries Sector in Belize for BL-L1042
Promoting Sustainable Growth in the Blue Economy (Revised Version)
Overview
Submitted: Social Development Consultant: Dr. Minerva Pinelo, Managing Director at Right Insights
Submitted to: Inter-American Development Bank (IDB)
Date: May 18, 2023
Project ID: BL-L1042
The Government of Belize through the Ministry of Blue Economy & Civil Aviation (MBECA) and the
Ministry of Finance, Economic Development, and Investment is in the process of finalizing a loan
operation with the Inter-American Development Bank (IDB) to fund a five-year project entitled “Promoting Sustainable Growth in the Blue Economy” (BL-L1042). The project aims to improve income generation capacity of artisanal fisherfolks and to maintain export levels of fisheries products considering the
sustainable use of oceanic resources within Belize’s blue economy framework. Specific objectives of the project include:
- Enhancement in the Government’s ability to sustainably manage key species in the
fisheries sector and; - Supporting the successful implementation of Individual or Group Business Plans
for artisanal fisherfolks aimed at promoting the adoption of sustainable technologies and best fishing
practices, as well as the diversification of their income.
The proposed project “Promoting Sustainable Growth in the Blue Economy” is to contribute to the sustainable growth and diversification of the Belizean Blue Economy, generating the information, the capacities, the governance structure, and the initial investments to improve fisher incomes in the lobster, conch, and finfish marine economy.
