Providing loans to fisheries
Description
Providing loans to fisheries involves offering targeted financial support to fishers, cooperatives, and related enterprises to enable investment in equipment, sustainable practices, and infrastructure. This strategy addresses barriers such as limited access to capital, outdated technology, and resource depletion. By facilitating affordable credit, it empowers fisheries to improve productivity, adopt environmentally responsible methods, and enhance livelihoods, thereby promoting economic resilience and the long-term sustainability of aquatic resources.
Implementation
In thirty-three years of operations in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has made 586 loans for US$10,900 million to finance agricultural and fisheries projects costing a total of US$25,400 million.
Broader
Facilitates
Facilitated by
Problem
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
J1147
DOCID
12011470
D7NID
193750
Editing link
Official link
Last update
Oct 20, 2022