Part III – Fish and timber – the cost of mismanagement
Africa’s renewable fishery resources and forests are a potential so...
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Africa Progress Panel 2014 Part 3 - Fish and Timber - The Cost of Mismanagement

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Africa Progress Panel 2014 Part 3 - Fish and Timber - The Cost of Mismanagement

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Transcript of "Africa Progress Panel 2014 Part 3 - Fish and Timber - The Cost of Mismanagement"

  1. 1. Part III – Fish and timber – the cost of mismanagement Africa’s renewable fishery resources and forests are a potential source of wealth and opportunity. Governed wisely, they could support livelihoods, promote food security, generate export earnings and support vital ecological systems. Instead, Africa’s forestry and fishery resources are consolidating the power and personal fortunes of ruling elites, and enriching foreign traders. As with oil and minerals, Africa has been integrated into global trading activities characterized by illegal and unethical practices. Governments have failed to develop accountable and transparent institutions, to share resource wealth equitably, and to publish the terms of mining and logging agreements – opening the door to corruption, opaque deals and large revenue losses. At the same time, international cooperation on stopping the plunder of resource assets has been weak: countries have failed to coordinate legislative changes that would limit the extensive opportunities available for illegal practices. And authorities in Africa often lack the technological, financial and wider capabilities needed to manage forestry, fisheries and other resources, and to prevent tax evasion. This part of the report sets out an agenda for managing Africa’s fisheries and forests better, including improving national and international monitoring and regulation, strengthening transparency, establishing a global register of fishing vessels, enforcing fishing zones and port measures, and improving international cooperation to stem illegal fishing and logging. * * * * * Chaired by Kofi Annan, the former Secretary-General of the United Nations, the Africa Progress Panel (the Panel) includes distinguished individuals from the private and public sectors, who advocate on global issues of importance to Africa and the world. For further information, please contact Edward Harris - edward.harris@africaprogresspanel.org (m) +41 79 87 38 322 and (w) +41 22 919 7536 www.africaprogresspanel.org and www.facebook.com/africaprogresspanel @africaprogress and #GrainFishMoney

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