Mongabay: Could rebuilding global fisheries save hundreds of billions of dollars?
Global fisheries are gutting the world economy by US$13 billion annually, according to an economic analysis published July 13 in the journal PLoS ONE. National subsidies that encourage overfishing cause the most losses, the analysis claims. However, researchers believe that allowing fish stocks to rebuild and making fishing more efficient could reverse these losses, leading […]
Hill Times – Sumaila: Canadian Ocean economies at risk from GHG emissions
Dr. Rashid Sumaila, a professor and director of the Fisheries Centre & the Fisheries Economics Research Unit at UBC, writes about how changing temperatures and ocean chemistry will impact the growth and reproduction of Canada’s marine fish species. “Given the predicted biophysical and ecological effects of the new threats, they will affect the economics of […]
Inter Press Service: Billions in Subsidies Prop up Unsustainable Overfishing
Calls are mounting for the world’s big fishing powers to stop subsidising international fleets that use destructive methods like bottom trawling in foreign coastal waters, drastically reducing the catch of local artisanal fishers who use nets and fishing lines. Such subsidies total 27 billion dollars a year, with nearly two-thirds coming from China, Taiwan and […]
Dr. Sumaila to speak at "Oceans on the Hill" in Ottawa – November 27, 2012
WWF-Canada and The All Party Ocean Caucus co-chairs, Mr. Bruce Stanton, MP and Assistant Deputy Chair of Committees of the Whole, and Mr. Fin Donnelly, MP, have welcomed Dr. Rashid Sumaila, Director of the UBC Fisheries Centre and Fisheries Economics Research Unit, to present at the upcoming “Oceans on the Hill” event. Dr. Sumaila will […]
African Development Bank: Africa Loses One Million Tonnes of Fish Yearly Due to Illegal Fishing
Africa loses one million tonnes of fish per year due to overfishing and bad governance in the fisheries sector. The continent’s losses account for one-tenth of annual global losses, said Sumaila Rashid, Director of the Fisheries Centre at the University of British Columbia in Canada. “That is the equivalent to 10 million cows a year,” […]
Sumaila, U.R. & Huang, L. (2012) Chapter 10: Improving the Management of Bluefin Tuna in the Mediterranean Sea. In Abou-Ali, H. (Ed.), Economic Incentives and Environmental Regulation: Evidence from the MENA Region. UK: Edward Elgar Pub. ISBN 978-1781002377.
This unique book explores a wide range of environmental issues centered on the Middle-East and North Africa region, where environmental degradation and impacts of climate change are known to be more critical than in others parts of the world.
Dr. Sumaila's work on "Valuing the ocean" nominated for a Katerva award
Dr. Rashid Sumaila’s work with the Stockholm Environmental Institute on “Valuing the Ocean” has been nominated for a Katerva award! The Katerva awards are designed to recognize innovation in global sustainability. The report, featuring work by Sumaila, Cheung, and others previews results from an upcoming book on “valuing the ocean and the economic consequences of […]
Benefits of rebuilding global marine fisheries outweigh costs
FERU Director Dr. Rashid Sumaila has found that rebuilding global fisheries could increase fisheries resource rent net of subsidies from the current negative US$13 billion to positive US$54 billion per year.
An analysis of recreational and commercial fisheries policies in Baja California Sur, Mexico
FERU member Andrés Cisneros-Montemayor developed an ecosystem model to explore current ecosystem and fishing dynamics in Baja California Sur, Mexico. (Photo courtesy of Tripadvisor)
Arts Technica: The case for a leaner, meaner global fishing industry
Despite an eye-watering price tag of approximately $200 billion, the benefits of a concerted effort to restore global fisheries outweigh the costs, according to a new report published in PLoS ONE. The authors claim that such a scheme would pay for itself in 12 years, and see a net gain (if you’ll pardon the expression) […]