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World Bank Guidelines for Sustainable Aquabusiness Development

Created Jul 10 2023, 4:41 PM by Vivek Prasad
  • Agribusiness
  • Aquaculture
  • Blue Economy
  • Seaweed farming
  • Agriculture
  • Environment
  • Seaweed
  • Mariculture
  • Fishery

The webinar provided an overview of the Guidelines for Sustainable Aquabusiness Development, which are being developed by Word Bank's Aquabusiness Investment Advisory Platform. The Platform is supported by PROBLUE and is a joint undertaking amongst World Bank Group teams, clients and partners. The participants heard from the experts of Advance Africa Management Services, which has been contracted to develop and disseminate the guidelines.

The guidelines present the necessary requirements, analytics and enabling factors for investments in aquaculture that are feasible, durable, socially acceptable, and economically viable. They will be designed in such a way that they can be adapted by aquaculture stakeholders at all levels for developing sustainable aqua-business plans and aqua-businesses. Users will include national governments, private sector investors, development partners, NGOs, donors, research organizations and other stakeholders working on agriculture, climate change, and environmental issues.


Opening Conversation
Christopher Brett, Lead Agribusiness Specialist, Agriculture & Food Global Practice, World Bank
Fred Formanek, Co-founder and Managing Member, Advance Africa Management Services

Guidelines for Sustainable Aquabusiness Development: Existing Frameworks and Gaps
Jim McCafferty, Senior Consultant and Manager of Consulting Division, Advance Africa Management Services

Objectives, Scope and Approach to Developing the Guidelines
Brett Pringle, Consultant, Advance Africa Management Services

Examples of Practical Applications of the Guidelines
Rachel Mullins, Consultant, Advance Africa Management Services

Closing Remarks 
Thomas Hecht, Head of Fisheries and Aquaculture, Advance Africa Management Services

Dr. Harrison Charo Karisa, Senior Fisheries Specialist (Aquaculture), Environment, Natural Resources & Blue Economy Global Practice, World Bank

Please watch the recorded session and access the presentation below: