Development Projects : Third South West Indian Ocean Fisheries Governance and Shared Growth Project (SWIOFish3)

About 1 in 10 people live on less than $3.00 daily, the extreme poverty line

Abstract*

The development objective of the Third South West Indian Ocean Fisheries Governance and Shared Growth Project for Seychelles is to improve management of marine areas and fisheries in targeted zones and strengthen fisheries value chains in the Seychelles. The project comprises of four components. The first component, expansion of sustainable‐use marine protected areas will support the Government of the Seychelles (GOS) in implementing its pledge to... Show More

Development Objective

The Project Development Objective is to improve management of marine areas and fisheries in targeted zones and strengthen fisheries value chains in the Seychelles.

Key Details

Project Details

Project ID
P155642
Status
Closed
Team Leader
Charlotte De Fontaubert
Borrower 2
Republic of Seychelles,Republic of Seychelles

Country
Eastern and Southern Africa
Disclosure Date
November 3, 2016
Approval Date
(as of board presentation)
September 29, 2017
Effective Date
April 16, 2018

Total Project Cost 1
US$ 25.29 million
Implementing Agency
Ministry of Finance, National Planning and Trade,Ministry of Finance, National Planning and Trade
Region
Eastern and Southern Africa
Fiscal Year 3
2018

Commitment Amount
US$ 4.57 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
June 28, 2024

Consultant Services required
TBD
Last Stage Reached
Bank Approved
Last Update Date
May 7, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change85%
- FY17 - Adaptation85%
FY17 - Renewable Natural Resources Asset Management100%
- FY17 - Fisheries Policies and institutions60%
- FY17 - Oceans60%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IBRD Guarantee	5.00
IBRD Guarantee	5.00
International Bank for Reconstruction and Development	4.57
International Bank for Reconstruction and Development	4.57

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	4.57
IDA Commitment	N/A
IBRD + IDA Commitment	4.57

Lending Instrument
Grant Amount	N/A
Total Project Cost**	25.29

Summary Status of World Bank Financing (US$ Millions) as of October 31, 2025

No data available.

Detailed Financial Activity as of October 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2024-02-19
Financial Management	Satisfactory	2024-02-19
Monitoring and Evaluation	Satisfactory	2024-02-19
Monitoring and Evaluation	Satisfactory	2024-02-19
Overall Implementation Progress (IP)	Satisfactory	2024-02-19
Overall Implementation Progress (IP)	Satisfactory	2024-02-19
Procurement	Satisfactory	2024-02-19
Procurement	Satisfactory	2024-02-19
Progress towards achievement of PDO	Moderately Satisfactory	2024-02-19
Progress towards achievement of PDO	Moderately Satisfactory	2024-02-19
Project Management	Satisfactory	2024-02-19
Project Management	Satisfactory	2024-02-19

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-20-2024
Outcomes	Highly Satisfactory
Risk to Development Outcome
Bank Performance	Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-02-2025	PROJECT PERFORMANCE ASSESSMENT REPORT: 06-02-2025
Outcome Rating	Highly Satisfactory	Highly Satisfactory
Risk To Development Outcome
Bank Performance	Satisfactory	Satisfactory
Borrower Performance
Government Performance
Implementing Agency
Icr Quality	High	High
M&e Quality	Substantial	Substantial

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

1. Sustainable-use marine protected areas with a Management Effectiveness Tracking Tool (METT) score of 50 or higher Value 0.00 0.00 5000000.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
1. Sustainable-use marine protected areas with a Management Effectiveness Tracking Tool (METT) score of 50 or higher Value 0.00 0.00 5000000.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
2. Share of key demersal indicator species stable or rebuilding in the Mahé Plateau fisheries Value 11.00 100.00 55.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
2. Share of key demersal indicator species stable or rebuilding in the Mahé Plateau fisheries Value 11.00 100.00 55.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3. Ratio between consumer price per kilogram and landed catch price per kilogram in artisanal fisheries Value 110.00 110.00 130.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3. Ratio between consumer price per kilogram and landed catch price per kilogram in artisanal fisheries Value 110.00 110.00 130.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
4. Share of by-catch landed and sold in the Seychelles Value 10.00 10.00 50.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
4. Share of by-catch landed and sold in the Seychelles Value 10.00 10.00 50.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment

5. Share of citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’or above (disaggregated by sex and age)	Value	0.00	71.00	50.00
	Date	June 30, 2017	February 1, 2024	June 28, 2024
	Comment

5. Share of citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’or above (disaggregated by sex and age)	Value	0.00	71.00	50.00
	Date	June 30, 2017	February 1, 2024	June 28, 2024
	Comment

Share of female citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’ or above (disaggregated by age)	Value	0.00	69.00	50.00
	Date	June 30, 2017	February 6, 2024	June 28, 2024
	Comment

Share of female citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’ or above (disaggregated by age)	Value	0.00	69.00	50.00
	Date	June 30, 2017	February 6, 2024	June 28, 2024
	Comment

Share of male citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’ or above (disaggregated by age)	Value	0.00	73.00	50.00
	Date	June 30, 2017	February 6, 2024	June 28, 2024
	Comment

Share of male citizens of the Seychelles who rate management of sustainable-use marine areas and selected fisheries as ‘Satisfactory’ or above (disaggregated by age)	Value	0.00	73.00	50.00
	Date	June 30, 2017	February 6, 2024	June 28, 2024
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

1.1 Area with submission for gazettment to the Parliament as a sustainable-use marine protected area with agreed-upon management plans developed in a consultative manner	Value	0.00	41000000.00	10000000.00
	Date	June 30, 2017	February 1, 2024	June 28, 2024
	Comment

1.1 Area with submission for gazettment to the Parliament as a sustainable-use marine protected area with agreed-upon management plans developed in a consultative manner	Value	0.00	41000000.00	10000000.00
	Date	June 30, 2017	February 1, 2024	June 28, 2024
	Comment

1.2 Annual air surveillance trips in sustainable-use marine protected areas Value 0.00 7.00 7.00
Date June 30, 2017 February 6, 2024 June 28, 2024
Comment
1.2 Annual air surveillance trips in sustainable-use marine protected areas Value 0.00 7.00 7.00
Date June 30, 2017 February 6, 2024 June 28, 2024
Comment
1.3 Sustainable-use marine protected areas managed by non-state actors Value 0.00 1.00 3.00
Date June 30, 2017 February 6, 2024 June 28, 2024
Comment
1.3 Sustainable-use marine protected areas managed by non-state actors Value 0.00 1.00 3.00
Date June 30, 2017 February 6, 2024 June 28, 2024
Comment
2.1 Fisheries management plans implemented Value 2.00 3.00 5.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
2.1 Fisheries management plans implemented Value 2.00 3.00 5.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
2.2 Performance review of fisheries management plans Value No Yes Yes
Date June 30, 2017 February 2, 2024 June 28, 2024
Comment
2.2 Performance review of fisheries management plans Value No Yes Yes
Date June 30, 2017 February 2, 2024 June 28, 2024
Comment
2.3 Fisheries economic intelligence information publicly accessible Value No Yes Yes
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
2.3 Fisheries economic intelligence information publicly accessible Value No Yes Yes
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.1 Share of landed catch from domestic fisheries sold via auction Value 0.00 0.00 10.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.1 Share of landed catch from domestic fisheries sold via auction Value 0.00 0.00 10.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.2 Food fish sold commercially from in-shore aquaculture Value No No Yes
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.2 Food fish sold commercially from in-shore aquaculture Value No No Yes
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.3 Proportion of landed catch from artisanal fisheries in labelling scheme Value 10.00 0.00 30.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.3 Proportion of landed catch from artisanal fisheries in labelling scheme Value 10.00 0.00 30.00
Date June 30, 2017 May 20, 2022 June 28, 2024
Comment
3.4 Blue Investment Fund approval rate Value 0.00 25.00 60.00
Date June 30, 2017 February 2, 2024 June 28, 2024
Comment
3.4 Blue Investment Fund approval rate Value 0.00 25.00 60.00
Date June 30, 2017 February 2, 2024 June 28, 2024
Comment

2. Share of key demersal indicator species stable or rebuilding in the Mahé Plateau fisheries	Value	11.00	100.00	55.00
	Date	June 30, 2017	May 20, 2022	June 28, 2024
	Comment

3. Ratio between consumer price per kilogram and landed catch price per kilogram in artisanal fisheries	Value	110.00	110.00	130.00
	Date	June 30, 2017	May 20, 2022	June 28, 2024
	Comment

4. Share of by-catch landed and sold in the Seychelles	Value	10.00	10.00	50.00
	Date	June 30, 2017	May 20, 2022	June 28, 2024
	Comment

2.1 Fisheries management plans implemented	Value	2.00	3.00	5.00
	Date	June 30, 2017	May 20, 2022	June 28, 2024
	Comment

3.4 Blue Investment Fund approval rate	Value	0.00	25.00	60.00
	Date	June 30, 2017	February 2, 2024	June 28, 2024
	Comment