In view of the global evaluation of the Sustainable Fisheries Partnership Agreements (SFPAs) that will be carried out by the Commission in 2021, the author highlights the key points which will need to be assessed from the perspective of the impacts on African coastal communities. The author also suggests essential improvements to be made for the future of SFPAs so that they better respond to the needs of these communities.
This second article of our series on financialisation and the blue economy covers TNC’s recent debt-for-ocean swap in Belize, news about TNC’s “audacious plan” of other debt swaps in other countries, the history of debt swaps and how the recent swaps reflect the financialisaton of conservation and finally, why these debt swaps are worrying for small-scale fisheries.
In this joint position, CAOPA and CFFA request that, in the framework of the future EU–Africa partnership, which focuses on sustainable investments and the promotion of good governance in fisheries, a set of principles be defined to ensure that fisheries joint ventures operate in a transparent manner, do not compete with local artisanal fisheries, and are in line with the objectives of sustainable fisheries development in the third country concerned.
