1. The Incofish WP 8 Rashid Sumaila (& Team) Fisheries Economics Research Unit UBC Fisheries centre and University of Namibia r.sumaila@fisheries.ubc.ca Incofish Final Steering Committee Meeting February 21-22, 2008

2. Outline WP 8 members; Project objectives; Deliverables; –Publications; –Stakeholder involvements; –Workshops. Long term benefits of WP.

3. Team members Claire Armstrong, UiT, Norway; Ratana Chuenpagdee, CDC, Thailand; Moenieba Isaacs, UWC, South Africa; Kungwan Juntarashote, CDC, Thailand; Kevin Stephanus, UNAM, Namibia; Abbie Trinidad, PRIMEX-FAME, Philippines; Sheila Heymans, Namibia & UBC; Patricia Susan Alexander, UNAM; Jannike Falk-Petersen, UiT, Norway; Rashid Sumaila, UNAM&UBC.

4. Project objectives Provision of social and economic data to the project database; Valuation of marine ecosystem goods and services; Develop economic and social indicators of ineffective management; Develop policy options for sustainable coastal resources management; Write final Work Package report; Publish at least 5 papers.

5. Deliverable 1 Economic & Social Database Economic and social data: Coastal stakeholders and social data; –Economic data Ex vessel prices; Cost of fishing; Non-market values; Subsidies. –Institutional data.

6. Deliverable 2 Ecosystem values Market: –Fishery values; –Tourism/recreational values. Non-market: –Meta-analysis of available valuation results.

7. Deliverable 2 (cont’d) Habitat-fishery interactions and values; Discounting & future generation values; Use of ecosystem models to explore consequences of ineffective management.

8. Deliverable 3 Analysis of ineffective management: Indicators Indicators of ineffective management: –Poverty index; –Subsidy index; –Conservation risk index; –Overcapacity index; –Policy sensitivity index.

9. Deliverable 4, 5 and 6 Deliverable 4: Policy options; Deliverable 5:Five scientific papers; Deliverable 6: Final report.

10. Publications About 40 items, should hit 45 items; Over 25 are refereed journal publications; Examples: –Sumaila, U.R., Marsden, D., Watson, R., and Pauly, D. (2007) Global ex-vessel fish price database: construction and applications Journal of Bioeconomics, 9, 39-51.Global ex-vessel fish price database: construction and applications –Sumaila, U.R., and D. Pauly (2007). All fishing nations must unite to end subsidies. Nature, 450: 945. –Sumaila, U.R., Khan, A., Watson, R., Munro, G., Zeller, D., Baron, N., Pauly, D. (2007) The World Trade Organization and global fisheries sustainability. Fisheries Research, 88, 1-4.

11. Publications Examples: –Sumaila, U.R. and Armstrong, C.W. (2006). Distributional and efficiency effects of marine protected areas: A study of the Northeast Atlantic cod fishery. Land Economics, 82 (3) 321-332. –Sumaila, U.R. and K. Stephanus (2006). Declines in Namibia's pilchard catch: the reasons and consequences. In Rognvaldur Hannesson, Manuel Barange and Samuel F. Herrick Jr. Climate Change and the Economics of the World's Fisheries- Examples of small pelagic stocks. Edward Elgar, Cheltenham, UK, pp. 205-214. –Sumaila, U.R. (2007). Getting Values and Valuation Right: A Must for Reconciling Fisheries with Conservation. American Fisheries Society Symposium, 49:587-592. –Sumaila, U.R. and Walters, C. (2007). Making future generations count: Comment on “Remembering the future”. Ecological Economics 60(3), 487-488.

12. Workshops Workshop 1 in Thailand; Workshop 2 in Namibia.

13. Stakeholder involvement Lots of media attention for our work: –Quoted in Time Magazine, Sept. 19, 2007 9 (see http://www.time.com/time/printout/0,8816,166 3604,00.html. http://www.time.com/time/printout/0,8816,166 3604,00.html Several, some high-powered presentation: –Gave a briefing to the G77 at the United Nations, Oct. 3; 2007.

14. Foundations of modern fisheries development Know the state of your fish stocks and ecosystems; Know the value of your fishery resources; Strengthen fisheries management, especially, monitoring, control and surveillance.

15. Elements of modern fisheries development Engage only in mutually beneficial/access agreements; Use subsidies rarely, and only those that do no harm to the resource base; Where feasible, use catch rights or dedicated access privileges; Engage only in sustainable aquaculture; Develop smart small-scale inshore fisheries Use marine protected areas as insurance.

16. Long term benefits of WP Claire Armstrong, UiT, Norway; Ratana Chuenpagdee, CDC, Thailand; Sheila Heymans, Namibia & UBC; Patricia Susan Alexander, UNAM; Jannike Falk-Petersen, UiT, Norway; Rashid Sumaila, UNAM&UBC.

17. Thanks for your attention Photo by Asep