Country Economic Memorandum for Sao Tome and Principe - Background Note 12 : What is the Potential and Obstacles for the Fisheries Sector in São Tomé and Príncipe?
The purpose of this note is to give an overview of the fisheries sector in STP, its potential and obstacles, as well some policy recommendations to address these obstacles, ensure sustainable management of these resources and tap into its potential...
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/594761562911797201/Country-Economic-Memorandum-Background-Note-12-What-is-the-potential-and-obstacles-for-the-fisheries-sector-in-São-Tomé-and-Príncipe http://hdl.handle.net/10986/32134 |
| Summary: | The purpose of this note is to give an
overview of the fisheries sector in STP, its potential and
obstacles, as well some policy recommendations to address
these obstacles, ensure sustainable management of these
resources and tap into its potential. It is organized in
four section, besides this introduction. The second section
describes the fishing sector in STP, while the third and the
fourth outline the obstacles for the development of the
artisanal and industrial fisheries respectively. The last
section offers policy recommendations. Fisheries play an
important role for the economic and social development of
the country, however resources are likely over-exploited.
Coastal marine resources are showing signs of full or
overexploitation around the Sao Tome island. Before looking
at increasing production of coastal resources, knowledge on
the status of the fish stock would have to be improved
through data collection and research to understand the
potential of these resources and adequate sustainable
management of these resources would have to be ensure
through reinforced legal framework, governance and
enforcement, as well as the potential development of
co-management1 system between the STP authorities and the
fishing communities. |
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