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Fishery Management, Excludability and Biodiversity

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Presentation on theme: "Fishery Management, Excludability and Biodiversity"— Presentation transcript:

1 SLS/BIICL Symposium on the Law of the Sea 22-23 March 2005 Dr Richard Barnes ‘The Future of Fishing’

2 Fishery Management, Excludability and Biodiversity

3 Tragedy of the Commons and Fisheries Regulation
The Problem of Open Access The Solution? Privatisation or Communal Ownership Excludability Limits on Excludability Physical Legal constraints in the ‘public interest’

4 International Fisheries Law
1982 Convention Part V: Stewardship of Living Resources? Compliance Agreement Fish Stocks Agreement Convention on Biological Diversity Non Binding Instruments Public Responsibilities: Sustainable Fishing – Biodiversity - Precaution

5 Private Property-Based Rights
Property - Sticks in a Bundle The ITQ - What Rights? Excludability and transferability Not management. Limited Duration. Can it satisfy the Public Requirements of Fishing?


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