Philippine Fisheries and Coastal Resiliency Project

The development objective of the Fisheries and Coastal Resiliency Project for Philippine is to improve management of targeted fisheries resources and enhance the value of fisheries production to coastal communities in selected fisheries management areas (FMAs). The project comprises of three components. The first component, fisheries and coastal resilient resource planning and management (FishCRRM) aims to strengthen FMA governance through climate-resilient planning to recover fishery resources and build ecosystem resilience. It consists of following sub-components: (i) ecosystem approach to fisheries management planning and institutions; (ii) aquaculture development and management; and (iii) support to local government units for implementation of FMA plans and management activities within municipal waters. The second component, modern and resilient livelihood investments (MARLIN) objective is to enhance the economic value of fisheries and aquaculture to fishing communities through strategic and climate-resilient investments to reduce postharvest losses, expand aquaculture production, and add value to fisheries production. It consists of following sub-components: (i) fishers’ livelihood diversification and development; (ii) aquaculture and fisheries enterprise development; and (iii) aquaculture and fisheries infrastructure. The third component, support to project implementation and management (SuPrIM) will finance technical and operational support for project management and coordination, including financial management (FM), independent audits, procurement, environmental and social (E and S) impact management, stakeholder engagement, grievance redress mechanisms, monitoring, reporting and evaluation, capacity-building support, and development of a knowledge management system for sharing project-related knowledge products.