The United Nations Development Program UNDP The World Bank WB

16 and Somaliland and has a number of projects in the pipeline 6 . Overall, FAO has one of its biggest working programs in Somalia with approximately US 7 million 7 spent on activities..

3.1.2 The United Nations Development Program UNDP

The United Nations Development Program UNDP supported several research activities for Somalia’s fisheries from 1994–1995 FAO, 2005. From 2004, UNDP carried out a thorough review of the fisheries sector in the central and southern parts of Somalia. At the same time UNDP has provided support to a number of small-scale pilot fishery development programs with the aim of reducing poverty, developing the artisanal fisheries sector and accelerating recovery from civil war destruction FAO, 2005. UNDP also worked in Puntland, trying to improve livelihoods and promote economic diversification as part of the UNDP Strategy for Poverty Reduction and Economic Recovery PRER Mohamed and Herzi, 2005.

3.1.3 The World Bank WB

The World Bank supported Somalia’s fisheries sector in 2004 with a US1.6 million pilot project funded by Japans development fund for Tsunami livelihood recovery. The project was designed to increase incomes by training coastal fishing communities in new techniques and by building fish storage facilities to allow them to market their catch World Bank, 2013. In 2012, the World Bank unveiled a US14 million grant to strengthen the Somaliland administration, including its fishing industry. US1.2 million was allocated directly to the Ministry of Fisheries to develop a registration process and licensing procedure for foreign and local fishing vessels and local fishermen on post-harvest fish handling. In addition, the World Bank is a lead agency of a multi-donor trust fund intended to create a Multi-Partner Fund MPF for Somalia with the objective of funding critical reconstruction priorities agreed with the Somali government. The MPF is proposed for an initial ten-year period 2014 to 2023, with funds ranging from US70-140 million in the first two years, and annual contributions of US20-70 million expected thereafter WB, 2013. If this proposal is realized, it will indirectly support the fisheries sector with general infrastructure vital for fisheries rehabilitation.

3.1.4 The European Union