Peruvian jumbo squid fishery FIP demonstrates effective collaboration between industry, government

Peruvian jumbo squid fishery FIP demonstrates effective collaboration between industry, government
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Global fisheries often require assistance from third parties to ensure their operations meet the standards needed to attain certifications and other beneficial credentials.

Assistance sometimes comes in the form of direct investment, but fisheries more often achieve long-term success when that help involves long-lasting oversight and guidance, such as in the form of fishery improvement projects (FIPs), which have backed small fisheries in several locations around the world including Latin America.

The jumbo flying squid FIP in Peru, led by the Peruvian Chamber of Giant Squid (CAPECAL), various jumbo squid fishing associations, and the World Wildlife Fund (WWF), is one such example and aims to guarantee the stability of its stock moving forward – for the benefit of both local communities and supply chains.

WWF and CAPECAL, the latter of which includes 17 Peruvian processing and exporting companies representing more than 60 percent of squid export value, are working with artisanal…

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