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Blue Economy: Kingdom of Tonga’s Mabé Ocean Pearls – New Markets Open New Horizons
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When COVID-19 struck, cruise ship traffic in the Kingdom of Tonga dropped, depriving Tongan mabé pearl farmers of their primary market. Sales dropped nearly to zero. The Ministry of Fisheries, with support from the World Bank through their Halafononga Ki Ha Ngatai Tu’uloa -Pathway to Sustainable Oceans (Tonga) Project, sought out new markets for pearl vendors. Now, previously struggling pearl farmers are excited to benefit from this new lifeline. Some are already reporting record revenues. Learn more: http://wrld.bg/a5rm50GTFHH ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org
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125
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2021-11-22T18:19:01Z
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When COVID-19 struck, cruise ship traffic in the Kingdom of Tonga dropped, depriving Tongan mabé pearl farmers of their primary market. Sales dropped nearly to zero. The Ministry of Fisheries, with support from the World Bank through their Halafononga Ki Ha Ngatai Tu’uloa -Pathway to Sustainable Oceans (Tonga) Project, sought out new markets for pearl vendors. Now, previously struggling pearl farmers are excited to benefit from this new lifeline
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