Fisheries and aquaculture contribute US$100 billion per year and about 260 million jobs to the global economy (UNDP, 2012). Women comprise 47 percent of the total workforce dependent on commercial capture fisheries for their livelihoods, including the post-harvest sector (World Bank, 2012). Global wild fish catch has been flat at around 80-85 million metric tonnes per year since the late 1980’s; the additional global demand since then has largely been made up by the rapid growth in aquaculture which now supplies about half of annual global consumption of fish protein.
About 30% of global fish stocks are considered overexploited, 60% fully exploited, and only 10% underexploited (FAO, 2010). 20% of fish stocks are subject to illegal, unreported and unregulated (IUU) fishing, valued at $23 billion per year. Destructive fisheries subsidies that support unsustainable practices, total about $16 billion per year. World Bank/FAO estimate that the economic loss due to overfishing is now $83 billion per year (World Bank, 2017).
24 Aug 2017 - The Caribbean is heavily dependent on tourism and other marine services, industries that the Inter Governmental Panel on Climate Change’s (IPPC) last report indicate are expected to be heavily impacted by climate change.
23 Aug 2017 - Portugal is next month to sign cooperation agreements with other Portuguese-language countries and with Mediterranean and North Atlantic countries on the oceans, covering applied research programmes, ocean clean-up and sustainable fishing, the minister for the sea, Ana Paula Vitorino, announced on Tuesday.
18 Aug 2017 - The President of the United Nations General Assembly, H.E. Mr. Peter Thomson, will ring the Opening Bell of the Nasdaq Stock Market at its MarketSite Headquarters in Times Square, New York, on Monday, 21 August 2017 at 9:30 am EDT, to raise awareness on the urgency of measures required to improve the health of the Ocean.