As an international not-for-profit organisation, the Fisheries Transparency Initiative relies on the support of philanthropic donors, charitable contributions and government grants.
Since January 2020, the FiTI is legally institutionalised as a non-profit, non-governmental association in Seychelles under Seychellois law.
Funding support: By funder categories
Funding support: By individual funders
Audited Annual Financial Statements
In accordance with article 23 of the constitution of the association of the Fisheries Transparency Initiative (as of 13 May 2021): the ’(1) FiTI International Board shall appoint an external, independent auditor to annually audit the finances of the FiTI, and to present a written audit report to the FiTI International Board, subject to funding availability. The financial inability to perform an annual audit must be substantiated by the Executive Director to the FiTI International Board and the allocation of funds for the annual audit should be given priority in the budgeting process. (2) Annual financial reports and the auditor’s report shall be made publicly available.’
Relevant posts
- Ireland and FiTI extend partnership to strengthen climate actions through transparent fisheries management in African SIDS
- Germany supports FiTI through 5-year grant to enhance transparency in global fisheries management
- Moore Foundation and FiTI continue collaboration to strengthen transparency in fisheries management in Latin America and Africa
- FiTI Board approves indefinite suspension of annual country contributions
- Irish Aid supports FiTI to increase transparency in four African SIDS
- FiTI Board approves COVID-19 induced 3-year moratorium on annual contributions
- Moore Foundation supports transparency in fisheries management with 2-year grant
- FiTI introduces annual financial contributions from participating countries, starting 2019
- Mauritania continues support for the development of the FiTI
