WHAT WE DO
Our development division
empowers our Members to maximise the economic and social development of their offshore fisheries
We provide policy, economic and technical advice to our Members to assist them with:
- accessing markets
- taking part in the private sector
- analysing and facilitating investments.
We also lead economic analyses of fisheries management and development options, and regularly collect information on the economic contribution of the tuna industry to the region.
Through this economic and social development support which aims to maximise benefits from fisheries, our members can:
- increase their economic control of domestic tuna fisheries
- increase employment
- make new and beneficial investments in the tuna industry
- increase the value of fisheries access, resulting in higher access fees and other economic benefits
- improving and sustaining the current level of market access.
How does this relate to our Strategic Outcomes?
Strategies to achieve Strategic Outcome #4 (from Strategic Plan 2020-25):
- Drive the inclusion of social and economic considerations in WCPFC CMMs, including in the establishment of TRPs at levels that are consistent with Members’ economic objectives for WCPO fisheries.
- Improve standards for employment and ensure opportunities for decent work for women and men in the fishing and processing industry.
- Increase the value and profitability of the region’s tuna fisheries throughout the value chain for the economic benefit of Members.
- Increase the social benefits from offshore fisheries in members’ countries while combating potential negative social impacts.