Olivia Bliss on Unsplash
Private capital for change
Natasha Garcha, World Resources Institute / The Economist Group Fisheries & Aquaculture
We know the top-line figures. The ocean ensures food security to 3 billion people who rely on fish as their primary source of protein, contribute $274 billion a year to global GDP and provide livelihoods to 260 million people globally, of which an estimated 87% live in Asia-Pacific. But over 90% of the world’s fisheries are fished at or over their biological capacity. If the ocean provides such clear value, why is there still a disconnect? What is the price of sustainable and productive fisheries? And who will foot the bill?
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