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Support People's Livelihoods in the Fishery Sector through Sustainable Energy

Maldives

Boosting post-covid economic recovery of the fisheries sector of Maldives through promotion and facilitation of access to technologies and techniques to increase profitability, improve catch quality, reduce postharvest losses and reduce reliance on fossil fuels.

Project description

Type

Agriculture & Energy

Start date

2021

Duration

3 years

Country

Maldives

Status

Implementation

The project increases the profitability from fishery activities (‘Hama Agu’ Policy) among the small fisherman community through improving storage capacity and reducing wastage leading to increased sales and livelihoods (10% increase in incomes). 200 units of refrigerated sea water systems will be installed on vessel with 200 micro solar OV plants. These activities will be complemented by enhancing market linkages of the fisherman.

Impact Fact & Figures

$ 13.5mLLF Financing
10%increase in local livelihoods
200units of refrigerated sea water systems to be installed on vessel

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