Publication

Financing Fisheries Reform: Blended capital approaches in support of sustainable wild-capture fisheries

Environmental Defense Fund and Nicholas Institute for Environmental Policy Solutions at Duke University January 18, 2018 John Virdin of Duke Nicholas Institute, and Klaas de Vos, Phoebe Higgins, Jake Hiller, Namrita Kapur and Timothy Fitzgerald of Environmental Defense Fund

Financing fisheries reform: Blended capital approaches in support of sustainable wild-capture fisheries, a new report from Environmental Defense Fund and The Nicholas Institute for Environmental Policy Solutions at Duke University, 1) describes the different categories of investment required to recover fisheries to sustainability, at the different stages of the recovery process; 2) identifies where within this framework there is a funding gap; and 3) suggests possible approaches for philanthropic and public capital to leverage private capital to help fill these gaps. The report proposes a three-stage framework for conceptualizing the costs of fisheries governance reform: (i) policy instrument design; (ii) policy instrument delivery (including compensation for revenues foregone from fishing effort reductions); and (iii) establishment of, or enhancements to, sustainable seafood value chains in order to capture the economic upside of reform.

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