Overview

The Philippine Fisheries and Coastal Resiliency (FishCoRe) Project is a seven-year initiative (2023–2029) led by the Department of Agriculture–Bureau of Fisheries and Aquatic Resources (DA-BFAR) with World Bank support, aimed at improving fisheries management, rehabilitating marine habitats, modernizing aquaculture, and strengthening the livelihoods of over 1.15 million fisherfolk across 11 regions and 24 provinces. With a total funding of about PHP 11.42 billion, the project adopts an ecosystem-based approach to fisheries management, invests in infrastructure such as cold storage, fish landing sites, hatcheries, and resilient cages, and promotes value-adding in fish processing and post-harvest handling to reduce losses. It also strengthens law enforcement to curb illegal, unreported, and unregulated fishing while providing alternative and sustainable livelihood opportunities, especially for the poorest fisherfolk, to reduce poverty and enhance resilience in coastal communities vulnerable to climate change and environmental degradation.