Tag: Rashid Sumaila

Billions lost as illicit fisheries trade hurting nations who can afford it least

Billions lost as illicit fisheries trade hurting nations who can afford it least

More than eight million to 14 million tonnes of unreported fish catches are traded illicitly every year, costing the legitimate market between $9 billion and $17 billion in trade each year, according to new research.

In a paper published in Science Advances, researchers from the Fisheries Economics Research Unit and the Sea Around Us initiative, both based at UBC’s Institute for the Oceans and Fisheries, as well as the Sea Around Us – Indian Ocean at the University of Western Australia, looked at catch losses for 143 countries and found that significant amounts of seafood are being illicitly taken out of the food supply system of many countries, impacting the nutritional food security and livelihoods of millions.

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Using data to better manage fisheries subsidies

Tim Cashion in Geneva.

Tim Cashion in Geneva.

Text and photos by Tim Cashion.

In early October, I had the opportunity to travel to Geneva to present on behalf of Sea Around Us and the Fisheries Economics Research Unit for a roundtable discussion on fisheries subsidies. The discussion was convened by the E15 Initiative and the International Centre for Trade and Sustainable Development. The ICTSD has been working closely with Rashid Sumaila of the Fisheries Economics Research Unit for several years on the topic of fisheries subsidies. They have used his research in partnership with Sea Around Us to inform countries of the amounts of fisheries subsidies and designated them as the good (beneficial), the bad (harmful), and the ugly (ambiguous).

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Photo by Fred Sharples, Flickr.

Global insurers unite to cut financial lifeline to pirate fishing

Leading insurers from around the world have committed to take action on pirate fishing, an unlawful practice that costs the global economy tens of billions of dollars in losses every year and contributes to overfishing and the destruction of vital marine habitats and ecosystems.

According to a press release by Oceana, two dozen companies including Allianz Global Corporate & Specialty, AXA, Generali, Hanseatic Underwriters and The Shipowners’ Club have co-sponsored the world’s first insurance industry statement on sustainable marine insurance.

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Cape Town, Daniel Pauly and Rashid Sumaila. Photos by Vicky Lam.

Initiatives to strengthen climate change adaptation in Africa – Cape Town

Cape Town, Daniel Pauly and Rashid Sumaila. Photos by Vicky Lam.

Cape Town, Daniel Pauly and Rashid Sumaila. Photos by Vicky Lam.

By Vicky Lam – Research Associate & Program Manager, Nereus Program, University of British Columbia.

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In late August, Professors Daniel Pauly, Rashid Sumaila and Dr. Vicky Lam, as representatives of the Global Fisheries Cluster in UBC’s Institute for Oceans and Fisheries, were invited by the World Bank to attend a technical consultation meeting in Cape Town, South Africa. The plan was to discuss a potential project that aims at understanding the likely impacts of climate change on fisheries in African countries.

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