CHAPTER 2
Our analysis found that one OPEC Fund project aligns to three different targets within SDG 14 - Life below Water (Table 14) . This US$20 million policy-based loan to the Seychelles promotes sustainable fishing by increasing the
number of registered aquaculture businesses, reducing the percentage of infractions to the Mahe Plateau Regu- lations, and increasing the number of patrols monitoring the area of the project.
Table 14: Project contributions to SDG 14
Nr. of contributing projects
% of contributing projects
SDG target
14.4 By 2020, effectively regulate harvesting and end over- fishing, illegal, unreported and unregulated fishing and destructive fishing practices and implement science-based management plans, in order to restore fish stocks in the shortest time feasible, at least to levels that can produce maximum sustainable yield as determined by their biolog- ical characteristics 1
2%
14.6 By 2020, prohibit certain forms of fisheries subsidies which contribute to overcapacity and overfishing, elimi- nate subsidies that contribute to illegal, unreported and unregulated fishing and refrain from introducing new such subsidies, recognizing that appropriate and effective special and differential treatment for developing and least developed countries should be an integral part of the World Trade Organization fisheries subsidies negotiation 14.7. By 2030, increase the economic benefits to small island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism
1
2%
1
2%
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