Economic incentives to conserve Hilsa fish (Tenualosa Ilisha) in Bangladesh
Key Facts
FUNDING SCHEME Main Project
VALUE £208,315
WHERE Bangladesh
Summary
By the end of this project, an improved mechanism for ensuring sustainable management of Hilsha fishery is put in place, incorporating incentives conditional on compliance with fishing restrictions and other provisions of management plans. These plans are based on ecological and socioeconomic assessment and agreed in a bottom-up participatory process with fisher communities. An effective payment mechanism reduces threats to marine biodiversity and contribute to poverty alleviation through improved targeting of those affected, maintaining a food source for the poor, and enabling continued employment of small-scale fishers in Bangladesh and beyond:Myanmar and India.
