Ministerial Order No. 59/2020 approving the Internal Regulation of the Blue Economy Development Fund, FP (ProAzul, FP). Country/Territory Mozambique Document type Regulation Date 2020 Source FAO, FAOLEX Original source Boletim da República, I Série, No. 190. Subject Fisheries, Sea Keyword Enforcement/compliance Special fund Fishery management and conservation Capacity building Legal proceedings/administrative proceedings Ecosystem preservation Marine area Monitoring Research Coastal zone management Geographical area Africa, Eastern Africa, Indian Ocean, Least Developed Countries Entry into force notes This Ministerial Order enters into force on the day of its publication. Abstract This Ministerial Order approves the Internal Regulation of the Blue Economy Development Fund, FP (ProAzul, FP). This Regulation, consisting of 38 articles divided into seven Chapters and one Appendix, establishes composition, duties and responsibilities of the Fund, which purpose is to: a) Manage funds and resources and establish proper articulation with the sectoral planning unit and agencies implementing projects in the sector; b) Financially support the holding of meetings, seminars, publications and other initiatives that contribute to raising institutional capacity on the Blue Economy; c) Supporting related sectors in the preparation of business plans, project formulation and feasibility studies; d) Promote financial support to the business sector and issue an opinion; e) Support units of the Ministry responsible for the sector in attracting financial resources to support structuring programmes and projects; f) Finance entities, activities or projects in the context of developing the economy of the sea, maritime inspection and safety, scientific and technological research and protection and monitoring of the marine environment; g) Carry out financial operations; h) Participate in the share capital of other public or foreign entities related to its mission. Full text Portuguese Website www.legis-palop.org References - Legislation Implements Decree No. 91/2019 creating the Blue Economy Development Fund, FP (ProAzul, FP). Legislation | Mozambique | 2019 Keyword: Special fund, Fishery management and conservation, Capacity building, Legal proceedings/administrative proceedings, Ecosystem preservation, Marine area, Monitoring, Research, Coastal zone management Source: FAO, FAOLEX