Global Fisheries’ Sunken Billions

Billions of dollars are lost at sea but different paths to fisheries reform show promising results

• New economic analysis reveals that, because of over fishing, global fisheries forego more than$80 billion a year, compared to an optimal scenario.

• Allowing fish stocks to bounce back to healthier levels would cut losses and create revenue for long-term growth, while helping fisheries adapt to climate change and meet global demand for seafood.

• Experience in several countries shows there are multiple ways to arrive at a more sustainable and profitable level of fishing. 

For more Info visit:  http://www.worldbank.org/en/news/feature/2017/02/14/global-fisheries-sunken-billions