China is the largest fishing nation in the world. It is responsible for one-fifth of the world’s total marine fish catch. It is the world’s largest fish processor and trader, with huge influence on global seafood markets and the ecosystems they depend on. Actions China takes to manage its fisheries and economy can spill over to other countries and their marine ecosystems — something we need to understand better. Read More
EDFish
Selected tag(s): fishery economics
3 key questions about the Chinese fishing economy and its impact on global ocean conservation
Congress Take Note: New Reports Show Progress for US Fisheries
The National Oceanic and Atmospheric Administration (NOAA) last week released two reports pointing to continued improvements in US fish stocks. Taken together, they send a clear message: that fisheries nationally are turning the corner as sustainable and more innovative management approaches take hold. Congress should take note.
The first report, the so-called Status of Stocks report to Congress revealed that seven stocks were removed from the overfishing list last year and four from the overfished list. Two more stocks were declared “rebuilt,” bringing the total number of rebuilt stocks to 34 since 2000. Twenty-eight species are still on the report’s overfishing list, reminding us that there is still work to be done. But after decades of mismanagement that depleted fisheries and hurt coastal communities, the positive momentum of recent years is unmistakable.
The second report released concurrently by the agency, Fisheries Economics of the US 2012, underscored the critical role that healthy fisheries play in our nation’s economy. According to the report, U.S. commercial and recreational saltwater fishing generated more than $199 billion in sales in 2012, a gain of 7% over the previous year. It also found that the economic impact of fishing jobs increased 3% from 2011 to 2012. Such year-on-year growth is to be welcomed. Read More