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PROFISH is a global program on sustainable fisheries established by the World Bank in 2005. It has been set up in conjunction with key donors and stakeholders to meet the challenge of a growing crisis in the world fisheries sector. The overall objective of PROFISH is "to improve sustainable livelihoods in the fisheries sector and to make concrete progress towards meeting the goals of the WSSD's goals in fisheries. A recent joint publication by the World Bank and the FAO, entitled The Sunken Billions: The Economic Justification for Fisheries Reform, concludes that global marine capture fisheries are an underperforming global asset and shows that the difference between the potential and actual net economic benefits from marine fisheries is in the order of $50 billion per year. wiki

"PROFISH is a programming and funding partnership between key fishery sector donors, international financial institutions, developing countries, stakeholder organizations, and international agencies. PROFISH currently receives financial and in-kind support from Iceland, France, Norway and Finland through TFESSD, Japan, FAO and the World Bank. The growing partnership includes regional economic organizations representing developing countries, FAO, IUCN and WorldFish Center, the sole dedicated fisheries research organization of the CGIAR." [1]

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