IDA Credit: US$3.5 million
TERMS: Maturity = 40 years; Grace = 10 years
GEF Grant: US$6 million
Project Description: The project will help empower communities to reduce fishing pressure on the fish stocks of the central coastal fisheries of Senegal (from the Cap Vert Peninsula to the Saloum River Delta). The project would achieve this by (i) promoting co-management of the coastal fisheries, (ii) contributing to the rehabilitation of the essential ecosystems for coastal fisheries, and (iii) supporting alternative livelihoods and accompanying poverty reduction measures in targeted poor fishing communities.