The Inter-American Development Bank (IDB) today announced it has approved a $15 million grant for a sustainable artisan-fishing development project in southern Haiti.
Fishing is a key socioeconomic sector in Haiti, generating some 77,000 full-time jobs (52,000 direct and 25,000 indirect positions).
Artisan fishing still remains the predominant type of marine fishing in the country and takes place in 420 localities in 9 of the 10 departments.
The project seeks to improve artisan fishermen’s productivity and income in the Grand’Anse, Sud, and Sud-Est departments by providing improved public services for the fishing sector. These are the most productive departments in terms of fishing and house most of the fishing localities, which has made them a key priority for the government.
Additionally, institution-strengthening and capacity-generation activities will benefit all fishing communities in the country.
The new grant complements other financing sources for the projects, including a $2.7 million grant from the Spanish Cooperation Agency for International Development (AECID) and $1.5 million in local funding.