OFFICIAL NAME OF THE PROJECT: CATALYZING THE IMPLEMENTATION OF AN STRATEGIC ACTION PROGRAM FOR THE SUSTAINABLE MANAGEMENT OF THE SHARED LIVING MARINE RESOURCES OF THE HUMBOLDT CURRENT LARGE MARINA ECOSYSTEM (COMMONLY KNOWN AS “HUMBOLDT 2” PROJECT):  Implementing agency : UNDP Executing agencies : PRODUCE in Peru, SUBPESCA in Chile Partners: in Peru : IMARPE, MINAM, SERNANP, RREE  Duration : 5 years (2019-2023)  Budget : GEF: USD 8 MM, Peru +Chile: USD 48 MM, total USD 56 MM EXPECTED OUTCOMES OF THE STRATEGIC ACTION PROGRAM (SAP) OF THE PERU-CHILE GEF-UNDP-HUMBOLDT 2019-23 LARGE MARINE ECOSYSTEM PROJECT 1. The prioritized fishery resources have improved the management scenarios and there are systems to ensure maintenance at optimum population levels while maintaining a healthy and productive ecosystem considering the impacts of climate change and the ENSO scenarios. 2. Improved coastal and marine environmental quality through the application of integrated ecosystem management. 3. There are systems to help with the maintenance and, if necessary, the recovery of biodiversity in the HCS. 4. Fishing activities are diversified and new productive opportunities are created for fishermen, organized in integrated organizations of civil society, inside and outside the fishing sector. 5. The general population benefits from greater food security and food safety based on better management of ecosystems and fisheries, together with better control of the quality of the catch. 6. Lessons and good practices have been shared with key actors in each country, between countries and globally.