The Fisheries Improvement Fund

The Fisheries Improvement Fund (FIF), developed by WWF and Finance Earth, aims to scale the transition to sustainable fisheries by providing consistent, upfront funding for Fishery Improvement Projects (FIPs). The fund addresses barriers such as inconsistent funding and low private sector participation by implementing a repayment mechanism based on the volume of fish purchased through FIPs. Supported by industry leaders including Cargill, Skretting, and the Walmart Foundation, the FIF is launching a pilot project to create a replicable global blueprint for blue finance.

• The Fisheries Improvement Fund (FIF) is designed to overcome traditional funding barriers for fisheries improvement, such as high transaction costs, lack of transparency and standardization in budgeting, and inconsistent funding that results in piecemeal activities.
• The FIF operates on a model that provides upfront and ongoing funding to FIP implementers, utilizing a repayment mechanism tied to the volume of fish purchased through the projects. This approach leverages the business case for seafood companies to reduce supply chain volatility and mitigate legal, shareholder, and supply chain risks.
• Global fisheries are in a state of decline, with over one-third of fish stocks overexploited and an additional 60% fished at their maximum limit. While over 150 Fishery Improvement Projects (FIPs) currently exist worldwide, they cover only 10% of the global commercial wild catch.
• The launch and pilot of the FIF are supported by a coalition of seafood industry leaders and philanthropic organizations, including Cargill, Skretting, Costco Wholesale, Mars, Incorporated, Sodexo, and the Walmart Foundation.

APA

WWF International (2022). The Fisheries Improvement Fund. https://www.worldwildlife.org/documents/149/6udiqglhgm_FINAL_FIF_One_Pager.pdf

Chicago

WWF International. The Fisheries Improvement Fund. 2022. https://www.worldwildlife.org/documents/149/6udiqglhgm_FINAL_FIF_One_Pager.pdf.

Wikipedia

{{cite report |author=WWF International |title=The Fisheries Improvement Fund |date=2022 |url=https://www.worldwildlife.org/documents/149/6udiqglhgm_FINAL_FIF_One_Pager.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{wwfinternational2022fisheries, author = {{WWF International}}, title = {{The Fisheries Improvement Fund}}, institution = {WWF International}, year = {2022}, url = {https://www.worldwildlife.org/documents/149/6udiqglhgm_FINAL_FIF_One_Pager.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }