A Review: Economics of Adapting Fisheries to Climate Change

ISBN: 978-92-64-09036-1

In 2010 the OECD Committee for Fisheries (COFI) chaired an international workshop entitled ‘The Economics of Adapting Fisheries to Climate Change’ in Korea this workshop was to address the challenges and to provide an insight for future decisions on both catch fisheries and aquaculture.

This publication is the result of that workshop and its agenda, to build a comprehensive picture of the economics of fisheries and aquaculture adaptation to climate change. The information gained from this workshop will help those that make the policies in the future.

Chapter one looks at fisheries management and governance challenges in climate change. How and where does global warming potentially impact on fisheries? With an overview of the global warming relevant to fisheries, the social, economic and environmental consequences of the impact of climate change on the fisheries sector. How can policy makers respond?

Chapter two deals with economic and policy issues related to the impact of climate change on fisheries as well as the physical changes and biological effects in the marine environment. The economic effects of climate change and governance effects of climate change. The Policy responses to climate change and finally conclusions: Insights on climate change and capture fisheries.

Chapter three covers from an ecosystem approach to assess climate change impacts on fisheries with an introduction. The IFRAME model as an EAF approach: Elements and structure. Also demonstration of the IFRAME approach on the Korean large purse seine fishery and implications for fisheries management under a changing climate.

In later chapter the subjects covered are dealing with uncertainty, implications for fisheries adaptation. Fisheries management and governance challenges in a changing climate. Is the current fisheries management toolbox sufficient to address climate change? The economics of climate adaptation and marine capture fisheries.

The final two chapters look at Korea’s effective approach to adapting climate change in the fisheries sector and the Chinese Taipei: The impact of climate change on coastal fisheries. Understanding the economics of fisheries and aquaculture and how the climate will affect both is of key importance for the future of world food stability.

This publication is the result of many top level experts in their fields ranging from policy makers to fisheries managers, biologist and economists. A well-presented and comprehensive publication. That in my opinion will guide future policy makers and scientists alike as well as those who are making policies today. I believe this would be of use to students of economics and fisheries as well as aquaculture and to academics in general.

This blog is written by Martin Little The Aquaculturists, published and supported by the
International Aquafeed Magazine from Perendale Publishers