The Meloy Fund – Financing the Transition to Sustainable Fisheries

Meloy Fund
Publicado: 09 Agosto 2021
Última edición: 12 Agosto 2021
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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
Sudeste Asiático
Scale of implementation
Multinacional
Nacional
Ecosystem
Arrecifes coralinos
Ecosistemas marinos y costeros
Manglares
Pradera marina
Theme
Especies y la extinción
Financiación sostenible
Challenges
Ciclones tropicales / tifones
Cosecha insostenible, incluida la sobrepesca
Falta de oportunidades de ingresos alternativos
Falta de capacidad técnica
Falta de conciencia del público y de los responsables de la toma de decisiones
Deficiente vigilancia y aplicación de la ley
Sustainable development goals
ODS 1 - Fin de la pobreza
ODS 14 - Vida submarina
Aichi targets
Meta 4: Producción y consumo sostenibles
Meta 6: Gestión sostenible de los recursos vivos acuáticos
Business engagement approach
Compromiso directo con una empresa
Compromiso directo con asociaciones

Ubicación

Indonesia | Philippines
Philippines

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.

Contribuido por

Imagen de vyow_40829

Veronica Yow Meloy Fund