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Financing integrated lake management

There is money to be made in fisheries
Lake management inevitably costs money but social and economic benefits of good management far outweigh costs. Securing internally raised funds from the fisheries sector itself is the best way of financing the recurrent administrative operations of management organisations, but this requires fisheries fiscal reforms. Financing the implementation of lake management plans is best done through existing local government development programmes which themselves receive substantial support from Uganda's development partners.

Funding for lake management must come from several sources, with funds raised by member stakeholder groups being essential for sustainability. Fisheries provide an important source of revenue, but changes are needed to ensure there are funds available for reinvestment and that money raised is done so in an equitable, transparent and accountable way. The fisheries sector is undergoing considerable change and it will take time for the sector to adequately fund itself.

Now is the time for central government and its partners in development to use the opportunity to support national government, and civil society-local government partnerships in establishing a new fisheries co-management approach in Uganda.

Key issues of, and opportunities for, financing lake management are:

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