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Post by account_disabled on Mar 2, 2024 22:31:11 GMT -6
Aligned with long-term fishery health," Wachowicz said. Investing downstream in the value chain often places added pressure on the fishery. In such cases, it is important to pair investments with a management strategy that accounts for the standards upstream. Another dimension of Catch Together’s strategy is the cultivation of community leadership. According to Wachowicz, "Our thesis is that by working with communities to own quota, we create a long-term economic interest for the community and fishermen that’s tied to the health of the fishery. In effect, inherent value is created in the fishery that is constantly adapting to changing fishing conditions. Investor uptake While a strong impact case can be made for fisheries, it is BTC Number Data up to players such as Meloy Fund and Catch Together to build a strong investment case. As a first-time fund in a new sector, Meloy Fund sees encouraging interest from investors. Galvin said the partnership with Rare is critical to the fund’s value proposition. While large-scale investments are indeed the goal, at present it appears that direct investments are the way to go. "Rare is scaling coastal fisheries management in the countries Meloy is operating in. So you have this great opportunity to marry governance and management with investment," Galvin said. However, there is some difficulty in building investment traction. This is because the investor mentality is typically that "no one wants to be first," Galvin said.
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