The Philippines face the global and national issue of overexploitation of marine fisheries. This overexploitation is the cause of the depletion of fish reserves, endangering both the sustainability of the sector and the livelihoods of many smallholder fishers who are dependent on these resources.
In the face of this global challenge, the Green Commodities Programme works within the Global Marine Commodities for Sustinable Fisheries Project, set up within the Philippines in 2018. The GMC aims to work towards a sustainable marine sector through the establishment of Marine Commodity Platforms for two commodities at focus: Blue Swimming Crab and Octopus.
The project will support the development and implementation of a Sustainable Marine Commodities Platform with two working groups focused on the BSC and the Octopus fisheries. Likewise, the project will also support the advancement of the ongoing BSC Fisheries Improvement Projects (FIPs) and the preparation and initial implementation of an FIP for the octopus fishery.
The implementation of this project is currently in its initial stages, but is firmly on its way to making substantial progress within 2019, with institutional arrangements currently being finalized at the national level.