Commitment to Action

Fishery Improvement Fund: Catalyzing Healthy Fisheries

Commitment by

Walton Family Foundation, Inc.

In 2013, the Walton Family Foundation committed to funding and expanding a series of Fishery Improvement Funds (FIPs). These FIPS will help meet global demand for ocean products in a more sustainable way. In partnership with Darden Restaurants, National Fish and Wildlife Fund, and the New England Aquarium, the Walton Family Foundation will leverage philanthropic, government, and industry dollars to fund a series of sustainable FIPs over a period of three years; dramatically expanding sustainable fishing practices in various regions of the globe. Over a billion people depend directly on healthy oceans for sources of food security and livelihood, but the current rate of ocean degradation puts these people, and others, at serious risk. Encouraging safer fishing practices will undoubtedly help to preserve the quality of life for ocean dependent individuals while improving the future of our oceans and, in turn, the future of the planet.

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Overview
Summary

Commitment

Fishery Improvement Fund: Catalyzing Healthy Fisheries

Launched

2013

Est. Duration

4 years

Estimated Total Value

$550,000

Region

Latin America & Caribbean

Countries

HONDURAS

Commitment by

Walton Family Foundation, Inc.

Partner(s) of the Commitment Maker(s)

New England Aquarium, Darden Restaurants, Inc., National Fish and Wildlife Foundation