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The development objective of the Ocean Partnerships for Sustainable Fisheries and Biodiversity Conservation : Models for Innovation and Reform Project for World is to catalyze pilot investment into selected transformational public-private partnerships that mainstream the sustainable management of highly migratory fish stocks spanning areas within and beyond national jurisdictions. The project comprises of three components. The first component, definition and development of business plans for long-term transformational pilots for sustainable fisheries in priority ocean areas will be implemented under grant agreements with four regional executing agencies (EA) identified during preparation. The second component, an innovation support facility component will be led by conservation international (CI) under a grant agreement with the Bank and in partnership with each of the four regional EAs outlined in first component. The fund will be opportunistic and incremental, for example developing efforts of interested private operators and associations. The third component, inter-regional coordination, implementation support, and monitoring and evaluation (M and E) will provide parallel support for components one and two in the two following areas: global think tank, and M and E tools.
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