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Fiscal reforms to benefit Mozambique’s shrimp fisheries

Shallow water shrimp fisheries play an important role in Mozambique — for fishers, for communities and for the national economy. Like other natural resources, if managed sustainably, these fisheries can contribute to inclusive and sustainable development. But Mozambique’s fisheries are under threat from overfishing, habitat destruction and pollution. By reforming key fiscal policies that affect the country’s shallow water shrimp fisheries, decision makers in Mozambique can encourage more sustainable fishing practices and increase revenues for government programmes and local development initiatives. There are several options, which we set out in this briefing. And, if undertaken collaboratively and carefully based on detailed analysis, these fiscal reforms can deliver significant benefits to the country’s fisheries and beyond, and help Mozambique make vital progress towards the Sustainable Development Goals.

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As the interest in accounting for ocean economies grows, we need to ensure vulnerable small-scale fishers and communities do not continue to be left behind.

More at www.iied.org:
Accounting for small-scale fisheries and the ocean

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