Over the next five years, FRDC investment will be targeted to achieve the five outcomes of this R&D Plan (shown in Figure 2 below). The five outcomes are:
- Growth for enduring prosperity
- Best practices and production systems
- A culture that is inclusive and forward thinking
- Fair and secure access to aquatic resources
- Community trust, respect and value
This is one of the FRDC’s most ‘people-centric’ plans to date, with a focus on capacity building, shaping culture, building relationships and establishing shared principles and values. To help make progress towards these outcomes easier, the FRDC will use five enabling strategies to realise the highest potential from investments made for fishing and aquaculture.
The five outcomes in FRDC’s R&D Plan align with 14 of the 17 United Nations SDGs, although the extent to which each outcome contributes to a particular SDG will depend on how the FRDC allocates its R&D investments.
Outcome 1: Growth for enduring prosperity
Outcome 2: Best practices and production systems
Outcome 3: A culture that is inclusive and forward thinking
Outcome 4: Fair and secure access to aquatic resources
Outcome 5: Community trust, respect and value
Strategy I: Drive digitisation and advanced analytics
Strategy II: Strengthen adoption for transformative change
Strategy III: Promote innovation and entrepreneurship
Strategy IV: Build capability and capacity
Strategy V: Provide foundational information and support services
Figure 2. The heart of FRDC’s R&D Plan 2020–25: Five outcomes supported by five enabling strategies