World Bank Guidelines for Sustainable Aquabusiness Development
Advance Africa has been contracted by The World Bank Group to develop a set of global Guidelines for Sustainable Aquabusiness Development. The Guidelines are a key component of the AquaInvest Platform - a knowledge sharing platform that is funded by PROBLUE and is a joint undertaking amongst World Bank Group teams, clients and partners.
The Guidelines will present, in a user-friendly and accessible way, the necessary requirements, analytics and enabling factors that should be in place for stimulating investments in aquaculture that are aligned with the FAO Ecosystem Approach to Aquaculture principles of social, environmental, and economic sustainability. They will be designed in such a way that they can be adapted by public and private sector aquaculture stakeholders at all levels for developing sustainable aquabusiness plans and promoting aquabusiness development relevant to their specific needs. The Guidelines will be a publicly accessible “living document”that will be updated as new learnings emerge. The main users of the Guidelines will include, amongst others, national governments, private and public sector investors, private aquaculture operators seeking investment (primarily MSMEs), development partners, NGOs, donors, research organisations and other stakeholders working on aquaculture, climate change, and environmental issues.
The Guidelines will be global in their geographic scope, and apply to all major aquaculture species groups, production systems and production scales. Moreover, they will encompass activities along the entire value chain, from primary production to supporting industries and services (e.g., feed production and veterinary services) and the production of non-food products.