The Future of Fisheries Subsidies: Evaluating the Economic and Biological Effects of Imposing Subsidy Bans in Global Fisheries

Award Period
to
Award Amount
$267,914
Agency Name
Pew Chartiable Trusts
Award Number
32088
PI First Name
Christopher
PI Last Name
 Costello
Area/s of Research
Marine Conservation, Policy and Education
Abstract

Project Activities

Phase 2 - Model Construction and Policy Evaluation

During the second phase of this project, we will use the data collected during Phase 1 to build a modeling framework to evaluate and visualize (1) the way different fleets and individual vessels would respond to a variety of subsidy reforms (spanning the range of the eight proposals mentioned above) and (2) estimates of the way the resulting changes in fishing behavior could affect global fish stocks.

Evaluating fleet/vessel responses to subsidy reform: Based on the parameters of the eight proposals submitted to the WTO, we will build an empirically-grounded model to assess how different fleets and countries would respond to a variety of subsidy-reform scenarios, both within the confines of their Exclusive Economic Zones and on the high seas. Our model will evaluate the effects of subsidy reform targeted at:

  1. Vessels identified as engaging in IUU fishing (i.e., vessels listed on RFMO IUU registries)
  2. Vessels engaging in illegal transshipment at sea (i.e., any vessel that touches an illegal transshipment vessel)
  3. Vessels fishing on unassessed stocks
  4. Vessels fishing on overfished stocks
  5. Capacity- or effort-enhancing activities (e.g. vessel construction, increasing/maintaining a supply of vessels, equipment that helps a vessel locate fish)
  6. Operating costs
  7. Vessels fishing on the high seas
  8. Vessels fishing inside other countries’ EEZs