Assessment of Ownership Models and Financing Options for Small Scale Fisheries

The project undertook an assessment of and provide a report to SPC related to ownership models and financing options applicable to small scale fishers in Kiribati, particularly in relation to the KIR 26 design. Within the context of the fisheries management plans, the project considered the development of the small-scale and artisanal tuna fisheries. It investigated the feasibility of the vessels available for small-scale and artisanal tuna fishers (and willingness of fishers) to ‘step-up’ from the current skiff vessel design to one that is capable of providing improved financial returns through an increase in fishing range, greater travel distances (up to 20nm), longer trips (2-5 days) and larger catches.