General Fisheries Commission for the Mediterranean - GFCM

Responsible investment in aquaculture

Today, the multi-billion dollar aquaculture sector provides the world with more aquatic food than capture fisheries, enhances food security and livelihoods, and supports the achievement of the United Nations Sustainable Development Goals (SDGs). However, ensuring the longevity of this sector requires responsible investments targeting environmental, social and governance (ESG) criteria that look beyond short-term financial returns and focus on long-term benefits.

The GFCM is working alongside its partners to build a sector that openly attracts responsible investments, to definine the principles behind responsible investment and tailor them to the aquaculture sector. The definition of these principles will allow organizations and financial institutions to better design and provide targeted financing to the sector and attract private capital to drive the sustainable growth of aquaculture in the region. Additionally, the GFCM aims to provide guidance at farm-level to help farmers draw responsible investments to their enterprises.

GFCM ACTIONS

  • Organization of technical consultations on‎ responsible investment to agree on specific principles and criteria to promote sustainability.
  • Development of technical guidance for responsible investment in aquaculture with a focus on small-scale farms. 
  • Collaboration with CPCs and stakeholders towards the creation of enabling regulatory and administrative frameworks. 

RESOURCES