The need for a global programme on fisheries is increasing as the growing demand for fish and failures of governance give birth to many crisis of the aquatic industry in the world. It is true that the fisheries sector faces a growing crisis such as increasing population pressures, growing demand for fish and failures of governance are leading to unsustainable levels of exploitation of living aquatic resources and destruction of aquatic ecosystems.
It is found that in most of the developing countries the sustainable benefits are in decline, perpetuating a spiral into poverty for many small-scale fishers and communities dependent on fishing. To meet such exploitation the World Bank has established a new Global Programme on Fisheries (PROFISH) in association with key donors and stakeholders to meet the challenge of this growing crisis.
PROFISH is a programming and funding partnership between key fishery sector donors, international financial institutions, developing countries, stakeholder organizations, and international agencies. The programme is currently receiving financial and in-kind support from Iceland, France, Norway and Finland, Japan, FAO and the World Bank, and the growing partnership includes IUCN and WorldFish Center, organizers of the NEPAD Fish for All Summit(Summit Declaration/ Action Plan).
It is said that the programme will improve sustainable livelihoods in the fisheries sector and to make concrete progress towards meeting the WSSD’s goals in fisheries.