International Institute for Environmental and Development (IIED) will host an international event to discuss how to develop a marine economy that is fair and sustainable that will bring together ocean experts, policymakers, fisheries associations, business and civil society representatives and stakeholders to consider strategies for developing national economies that protect marine resources and people's livelihoods and make sure that the benefits of the ocean are shared equitably.
Join FISH CRP Independent Steering Committee Member Editrudith Lukanga talks on "Winners and losers: what fiscal tools can make fisheries work for the environment and people?" where she will be sharing her thoughts on 10 important questions during the 2nd day of events. Lena Westland of FAO will also be presenting on the Illuminating Hidden Harvests research that is being led by WorldFish, FAO and Duke University.
Marine and coastal ecosystems provide a range of critical services reaching across supply chains, from food, biodiversity and culture to regulate important functions such as carbon sinks, climate regulation and flood protection. Despite this, they are a resource under threat from over exploitation.
One of the most critical governance challenges is the lack of understanding of the benefit generated from these ecosystems. When it comes to knowing the part small-scale fisheries play in this picture, for example, their contribution is often undervalued and overlooked, compared with the rest of the sector. As a result, they receive minimal attention from policymakers and minimal investment, if any, which often leads to unsustainable activities.
By linking local practices, national policies and international aspirations, we can create a blue economy that supports people and ecosystems to thrive.