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UNIDO-led blue economy project rehabilitates boat, backs 50 business plans, majority led by women
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Summary
A staff member said a UNIDO-led project rehabilitated a larger fishing boat to expand artisanal fishers’ range and is supporting 50 business plans, about 90% of which are women-led, while helping participants connect to investment opportunities.
A staff member said a project led by the United Nations Industrial Development Organization (UNIDO) rehabilitated a larger cooperative fishing boat and is supporting 50 business plans — about 90% of them led by women — as part of a blue economy initiative meant to boost livelihoods and the fishing sector.
"The blue economy has its focus not only on the economic development of the the country and the the fishing sector, but also focus on the economic development and the livelihoods of the population," the staff member said, describing the effort as "a more integrated, more inclusive, and a more sustainable approach." The speaker said the project leverages technical capacities across partners to create synergies.
The presenter said the cooperative boat was rehabilitated with "the funds of the project" and that the bigger vessel "will allow the fishermen to go a little bit further because there is a limitation for artisanal fishing." The staff member added that artisanal fishers "cannot go more than 3 miles offshore," and that the rehabilitated craft should allow crews to stay at sea longer, which the presenter said would improve capture rates.
On enterprise support, the presenter said the program is backing 50 business plans and helping participants "connect with the investments, opportunities, and fundings that are available." The staff member noted that roughly 90% of those business plans are led by women and cited a participant named Maria as an example of someone who, after training and support, "has embraced more challenges." "People like Maria are very important for the program because she was already empowered, but she showed with the training and all the support that we have given, she has embraced more challenges," the staff member said.
The presenter did not specify the country or coastal areas where the boat operates, the exact size or class of the rehabilitated vessel, or the total dollar amount of the project funds. Details on specific investors or a timeline for broader rollout were also not provided in the remarks.
