The Meloy Fund – Financing the Transition to Sustainable Fisheries

Summary
The Meloy Fund for Sustainable Community Fisheries is an impact investment fund that incentivizes the development and adoption of sustainable fisheries by investing in small and medium-sized enterprises (SMEs) that support the recovery of coastal fisheries in Indonesia and the Philippines. In doing so, the Fund and its investees pursue a triple bottom line strategy: ensuring positive financial, social, and environmental outcomes.
Companies that impact the coastal fishery need to respond to long-term stresses on their supply chains, uncertain regulatory environments, and shifting consumer tastes. To compete, these SMEs need both capital and a partner to help them transition their business models for sustainability and financial success. In this way, the Meloy Fund brings a comprehensive partnership that transforms the businesses in which we invest, sustains the natural resources on which they depend and ensures that a portion of business returns benefit local fishers.
Classifications
Region
Scale of implementation
Ecosystem
Theme
Challenges
Sustainable development goals
Aichi targets
Business engagement approach
Impacts
Social:
Meloy Fund’s portfolio companies are currently positively impacting 40,243 coastal community members, by:
- Increasing incomes
- Contributing to stable and predictable earnings
- Improving equitable distribution of profits
- 50% of current portfolio companies are women-led
Environmental:
Meloy Fund’s portfolio companies source from 328,132 ha of critical coastal habitat in the Coral Triangle, in which they:
- Implement new responsible sourcing practices
- Catalyze or participate in improved management through new or existing Fishery Improvement Projects (FIPs) or similar fishery sustainability standards.
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