The Bio-Economic Model of European Fleets (BEMEF) Griffin Carpenter, New Economics Foundation
Background Reformed Common Fisheries Policy now in place –Article 2.2 on MSY –Article 17 on socio-economics Differing economic analyses leading up to the reform
Purpose Illustrate the potential Contribute to greater understanding Open up the black box Start new conservations
Structure Information from the Commission’s Annual Economic Report on EU fishing fleets An extension of the EIAA model (Frost, et al) “Backward” model from quota level -> effort Uses estimates of future yield (MSY) and biomass (BMSY)
Model structure
Limitations Data coverage –211/603 fleets –24,526 vessels –73% of landings, 91% of quota Matching biological and fleet information Behavioural change Multi-period static equilibrium model
Gains at MSY
Modelling impacts Profits More fish € € € More revenue Jobs Wages
Quota allocation Maximise jobs (jobs/kg) Minimise fuel use (l/kg) Minimise effort (KW/kg) Quota to allocate Historic share Maximise profit (profit-subsidies/kg)
Trade-offs
Policy implications TACs still being set above scientific advice We’ve produced Landing the blame reports for 2015 Baltic & Deep Sea TACs
Policy implications More data is needed on the biological status of species (quota and non-quota) More data on fleet performance is needed for complete fleet coverage
Policy implications MSY is the limit, but method matters too Gear types, ecosystem damage, discarding of catch Implementing Article 17 and managing fisheries in the public interest
BEMEF-powered tools … User-friendly website: Linking results to the port level More to come!
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