Financial Tools for Small Scale Fishers in Melanesia
© Cat Holloway / WWF
Melanesia includes some of the world’s smallest countries surrounded by Exclusive Economic Zones many times larger than their land surface area. The region is heavily dependent upon oceanic and coastal fisheries for food security, livelihoods, revenue, employment and development. Climate change is already affecting the Melanesian region disproportionately through rising temperatures, sea-level rise, flooding, coastal erosion, an increase in extreme weather events. For low-lying atolls across PNG and Fiji, and many coastal communities on the main islands, even a small rise in sea level will have huge consequences in terms of lost land area and other impacts such as saltwater intrusion.
Fiji and PNG were selected for this project as they are exceptionally vulnerable to climate risk impacts and have good potential for impact and scaling, with relatively large populations of small-scale fishers. The project will utilize financial tools for small scale fishers in Melanesia to improve resilience to the adverse impacts of climate change, including major shock events, in vulnerable coastal small-scale fisher communities in Fiji and PNG.
Country: Fiji, Papua New Guinea
GEF ID: 10437
Focal Area: Climate Change
Project Status: CEO Endorsed
Program: GEF Challenge Program for Adaptation Innovation
Executing agencies: Willis Towers Watson
GEF Project Grant: US $1,055,046
GEF Agency Fee: US $94,954
Co-financing: US $5,300,000
PIF:
Project Document:
CEO Endorsement Letter
Environmental and Social Safeguards Information:
See the News Article from the GEF HERE
See the Blog post from WWF HERE
Grants and Agreements:
| Agreement/Consultancy Summary | Consultant/ Recipient | Amount | Start/End Date | Deliverables |
| This grant to Willis Limited is for the purpose of funding the efforts of Willis Towers Watson staff in developing the project document for the WWF-US GEF project Financial Tools for Small Scale Fishers in Melanesia. Willis Towers Watson is the main executing partner for the project. | Willis Limited | 15,447.50 USD | 11/25/2020
To: 02/06/2021 |
|
| The objective of this Grant is to fund the efforts and participation of WWF-South Pacific staff, particularly those in Fiji and Papua New Guinea, in developing the project document for the WWF-US GEF project Financial Tools for Small Scale Fishers in Melanesia. WWF-South Pacific is an executing partner for the WWF GEF project. | WWF-Pacific (Specifically for Fiji and Papua New Guinea) | 34,552.50 USD | 11/02/2020 to 03/31/2021 | Fiji and Papua New Guinea Project Preparation Grant Phase
|
Photo: © Cat Holloway / WWF
