Cover of NOAA report, Our Living Oceans - 6th edition.
In NOAA’s newly released 6th edition of Our Living Oceans: Report on the Status of U.S. Marine Resources, catch shares (referred to as Limited Access Privilege Programs – LAPPs) are raised as one solution to the over-harvesting of fisheries. Citing the successes of established catch share programs, Our Living Oceans reports that the Alaska halibut fishery has seen healthy stocks with near record levels of total catch since the implementation of its catch share program.
Recognizing some challenges of implementing catch shares, the report rightly points out that policies set during the design of a catch share can address those challenges and concerns.
“Additional rules or special programs built into the LAPP either at implementation or after implementation can often mitigate any potential negative impacts.”