B.V. SCHEEPSWERF DAMEN GORINCHEM
Status: Completed investmentWhy disclosure?
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Disclaimer
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Who is our customer
B.V. Scheepswerf Damen Gorinchem
What is our funding objective?
This project aims at supplying two Fishery Inspection Vessels to the Ministry of Fisheries, Water Resources & National Assembly Matters. The fund is used to perform a study to assess the financial and operational feasibility, gaps and challenges of the extension of the current fishery sector in Gambia.
Why do we fund this investment?
The proposed project supports the reduction of overfishing, unreported fishing and corresponding revenue losses by supplyinh inspection vessels to the Ministry of Fisheries. The vessels will support the operationalization of the Gambian fishing quotas.
What is the Environmental and Social categorization rationale?
The E&S risk category for this project is: B (limited risk). Applicable IFC PS (altough in a limited way): 1 (assessment and management), 2 (labor conditions), and 3 (pollution and resource management). IFC PS 4 (community health & safety), 5 (land acquisition and resettlement), 6 (biodiversity), 7 (indigenous peoples) and 8 (cultural heritage) are not triggered as this project considers only operation of 2 ships. From an environmental & social risk point of view, no further specific measures are required.
- Country
- Netherlands
- Sector
- Agribusiness, Food & Water
- Effective date
- 1/8/2018
- End date
- 10/1/2019
- Total FMO financing
- EUR 0.04 MLN
- Funding
- Development Accelera