The Global Program on Fisheries (PROFISH) is a global program on sustainable fisheries established by the World Bank in 2005. It has been set up in conjunction with key donors and stakeholders to meet the challenge of a growing crisis in the world fisheries sector.
The World Bank characterises this crisis in the following way:[1]
Increasing population pressures, growing demand for fish and failures of governance are leading to unsustainable levels of exploitation of living aquatic resources and destruction of aquatic ecosystems. In many developing countries the sustainable benefits are in decline, perpetuating a spiral into poverty for many small-scale fishers and communities dependent on fishing.
PROFISH is a programming and funding partnership between key fishery sector donors, international financial institutions, developing countries, stakeholder organizations, and international agencies. PROFISH currently receives financial and in-kind support from Iceland, France, Norway, Finland, Japan, FAO, World Bank, International Union for Conservation of Nature (IUCN) and WorldFish Center.
As of November 2018, the PROFISH trust fund is now part of the World Bank's Program for the Blue Economy (PROBLUE) umbrella program.[2]