Social Return on Investment (SROI) as a Measurement Tool for the Impact of Sustainable Aquaculture Programs
A Systematic Literature Review
Keywords:
Social Return on investment, SROI, Sustainable Aquaculture, Impact Evaluation, Blue Economy, IndonesiaAbstract
This study explores the potential application of Social Return on Investment (SRI) as a tool for measuring the social, economic, and environmental impacts of community-based sustainable aquaculture programs in Indonesia. A systematic literature review (SLR) was conducted on 29 primary sources, revealing two key clusters: (1) the local context, including keywords such as Indonesia, aquaculture, community, and challenge, and (2) the evaluation framework, involving SROI, social return, investment, and methodology. Despite the interconnections within these clusters, no direct relationship was found, highlighting the lack of empirical studies explicitly using SROI to assess the impact of community-based aquaculture programs. This finding emphasizes a significant gap between the need for social impact evaluations in aquaculture development and the availability of appropriate methodologies. The study concludes that SROI has the potential to provide a comprehensive evaluation framework for sustainable aquaculture programs, provided it is developed within a contextual model that integrates blue economy principles and participatory governance. The main recommendation is the development of a sector-specific SROI protocol to support sustainable, transparent, and socially just policies in aquaculture.
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