2023 SEG Panel: Revolutionizing Fisheries Finance

WWF Senior Director of Blue Finance Lucy Holmes
WWF Senior Director of Blue Finance Lucy Holmes
2 Min

The 2024 Seafood Expo Global, taking place 23 to 25 April 2024 in Barcelona Spain, will feature a conference program featuring 25 educational sessions, and joined by over 90 international seafood experts covering topics such as labor rights, traceability, feed innovation, aquaculture, sustainability, equipment, and artificial intelligence (AI), according to event organizer Diversified Communications.

A video recording of the conference program from the 2023 Seafood Expo Global, which took place from 25 to 27 April 2023, is now available for on-demand replay. The 20 individual presentations from SEG featured exclusive information and insight from seafood industry experts, including economic forecasts and analysis on the trends and topics impacting the global seafood industry as it navigates issues of trade, food safety, traceability, aquaculture, sustainability, and consumption trends.

Featuring Finance Earth Managing Director Elizabeth Beall, Skretting Sustainability Manager Jorge Diaz, Cargill Sustainability Director Dave Robb, and Mars Petcare Sustainability Lead for Fish Andrew Russell, and moderated by WWF Senior Director of Blue Finance Lucy Holmes, “The Digitalization of Aquaculture: Improving Data-Driven Decision Making” is available free for SeafoodSource Premium members and for USD 350 to non-members through the Complete Digital Ticket: Seafood Expo Global 2023.

The session was presented on Wednesday, 26 April, with the following description:

World Wildlife Fund, in collaboration with Finance Earth and corporate partners, has been working to develop the concept for an innovative blue finance mechanism – the Fisheries Improvement Fund – with the aim of reversing the global trend of fisheries decline. Sustainable finance is critical to scaling the transition towards more sustainable fisheries; we need new models that are efficient, equitable, and cost-effective for key stakeholders. Join us to hear about the launch of this new fund model. Industry collaborators in this initiative include major feed companies Cargill Inc., Skretting, and BioMar Group, who are engaging extensively in the conceptual development and launch of the model. In addition, the initiative is supported by large-scale seafood buyers Costco Wholesale, Walmart through Walmart Foundation, and Mars Incorporated; all of whom are WWF partners in driving more sustainable seafood production globally and directly backing-up fishery improvement projects. They consider this initiative critical to scaling fisheries improvement globally in an efficient and effective manner.

At the heart of the initiative is the increasingly compelling case for companies to embed the cost of sustainability and resource viability into their business models. The participating companies are working with WWF and Finance Earth to test this concept and create a financing mechanism for fisheries improvement that is equitable and embeds the cost of sustainability into the costs of doing business.

The Complete Digital Ticket: Seafood Expo North America 2024, featuring 32 video-recorded sessions from the most recent SENA event, is also now available for purchase for USD 350, but is also free for SeafoodSource Premium members.

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