Snapper

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First GIFT grant

By 2017 may

The potential for achieving a high-value, low-impact Hauraki Gulf fishery through impact investment is the subject of a feasibility study being funded by Foundation North.

It is the first initiative to receive a grant from the foundation’s five million dollar Gulf Innovation Fund Together (GIFT) investment.
The study, by EnviroStrat, will look at the feasibility of new investments that generate a financial return while also delivering a positive impact on the natural resources, ecosystems, and communities of the Gulf.

Envirostrat’s lead for the feasibility study, Dr Nigel Bradly, says the study will address some of the major issues at the heart of the recently released Hauraki Gulf Marine Spatial Plan (Sea Change / Tai Timu Tai Pari).

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