Many of the world’s fish stocks are depleted as a result of overexploitation, pollution and habitat loss. The 2002 World Summit on Sustainable Development (WSSD) sets a target for fisheries to maintain or restore stocks to levels that can produce the maximum sustainable yield (MSY) by 2015. We assessed the global stock status and found that 68% were at or above the MSY level in 2008 and that the 2015 target is unlikely to be met. We compiled data for eight indicators to evaluate the sustainability of fisheries and the gap to meet the WSSD target. These indicators show that the overall condition of global fisheries is declining, long‐term benefits are being compromised, and pressures on fisheries are increasing despite fisheries policy and management actions being taken by coastal States. We develop a bio‐economic model to estimate the costs and benefits of restoring overfished stocks. Our results show that the global fishing capacity needs to be cut by 36–43% from the 2008 level, resulting in the loss of employment of 12–15 million fishers and costing US$96–358 billion for buybacks. On the other hand, meeting the WSSD goal will increase annual fishery production by 16.5 million tonnes, annual rent by US$32 billion and improve biodiversity and functioning of marine ecosystems. However, progress towards rebuilding has been hindered by an unwillingness or inability to accept the short‐term socio‐economic consequences associated with rebuilding fisheries. Thus, there is a pressing need for integration of rebuilding plans into national political and economic decision‐making.
de Graaf, G. J., Grainger, R. J. R., Westlund, L., Willmann, R., Mills, D., Kelleher, K., and Koranteng, K. 2011. The status of routine fishery data collection in Southeast Asia, central America, the South Pacific, and West Africa, with special reference to small-scale fisheries. – ICES Journal of Marine Science, 68: 1743–1750. The Food and Agriculture Organization (FAO) strategy for improving information on the status and trends of capture fisheries (FAO Strategy STF) was endorsed by Member States and the UN General Assembly in 2003. Its overall objective is to provide a framework, strategy, and plan to improve knowledge and understanding of the status and trends of fisheries as a basis for policy-making and management, towards conservation and sustainable use of resources within ecosystems. The FAO supports the implementation of FAO Strategy STF in developing countries through a project known as FAO FishCode–STF, and an initiative funded by the World Bank entitled the “BigNumbers project”. The BigNumbers project underscored the importance of small-scale fisheries and revealed that catches by and employment in this sector tend to be underreported. An inventory of data collection systems made under the FAO FishCode–STF project showed that small-scale fisheries are not well covered. Their dispersed nature, the weak institutional capacity in many developing countries, and the traditional methods used make routine data collection cumbersome. Innovative sampling strategies are required. The main priority is a sample frame for small-scale fisheries. Sustainable strategies are most likely to be found outside the sector through population and agricultural household censuses and inside the sector through the direct involvement of fishers.
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