Marine bio resources, especially fish, are the most important resources and of common interest to the West Nordic countries. The overall aim of this project was to give an overview over the extent and availability of biological RRMs from marine resources in the West Nordic countries Iceland, Greenland and Faroe Islands, discuss promising innovation projects and list suggested actions for their implementation in the regions. The focus should be on increasing the value of main and side products, utilising multiple value streams, reducing waste and minimizing negative environmental impact. The project was financed by the Nordic Council of Ministers and initiated and steered by the Nordic Small Communities Working Group under the Nordic SCP Working group (HKP). It was conducted by Matis, Iceland.