Changing the Face of the Waters : The Promise and Challenge of Sustainable Aquaculture

This study provides strategic
orientations and recommendations for Bank client countries
and suggests approaches for the Bank's role in a
rapidly changing industry with high economic potential. It
identifies priorities and options for policy adjustments,
catalytic investments, and entry points for the Bank and
other investors to foster environmentally friendly,
wealth-creating, and sustainable aquaculture. The objectives
of the study are to inform and provide guidance on
sustainable aquaculture to decision makers in the
international development community and in client countries
of international finance institutions. The study focuses on
several critical issues and challenges: 1) Harnessing the
contribution of aquaculture to economic development,
including poverty alleviation and wealth creation, to
employment and to food security and trade, particularly for
least developed countries (LDCs); 2) Building
environmentally sustainable aquaculture, including the role
of aquaculture in the broader suite of environmental
management measures; 3) Creating the enabling conditions for
sustainable aquaculture, including the governance, policy,
and regulatory frameworks, and identifying the roles of the
public and private sectors; and 4) Developing and
transferring human and institutional capacity in governance,
technologies, and business models with special reference to
the application of lessons from Asia to Sub-Saharan Africa
and Latin America.