Beware Rights-Based Fishing!!!
It's all about ownership of the seas and oceans AND lakes and rivers through World Bank loans and "rights-based fishing". It is also a primer to the Carbon Dioxide scare part 2 (Oxygen Depletion). They are going to start scaring the crap out of the general public and school children with the Idea that we are running out of oxygen.
The Economist World Oceans Summit
World Bank Group President Robert B. Zoellick
A Q&A session with The Economist Editor in Chief, John Micklethwait
February 24, 2012
I think the good news is - I commented in my remarks early on - is that there have been tremendous contributions from a wide variety of players, but the facts don't lie. The statistics are we're not doing enough, we're not accomplishing enough and the oceans continue to get sick and die.
So as we started this dialogue with partners - and I'll first acknowledge many of them had much more experience than I would've had in this area - but I've seen this in other fields of biodiversity. We started to find that there was a commonality - a recognition that in some case the knowledge and experience, for example, of setting up governance or rights-based fishing hadn't expanded to other areas. In some cases - and I've worked with governments all my life on this - people aren't aware that what they're developing in a coastal zone is one development project could have huge effects on the oceans. They may not know about the nitrogen that's going to supposedly help their agriculture fertilizer system but ends up polluting the oceans.
PARTICIPANT: Yeah, my question is, how to reduce or control human demand?http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:23126775~pagePK:34370~piPK:34424~theSitePK:4607,00.htmlWorld Bank issues SOS for oceans, backs alliance
MICKLETHWAIT: Thank you, that's a very good question. Essentially it's [Malthuse] of the seas.
ZOELLICK: Well, this is an interesting issue that arises at the interstices of a lot of conservation and environmental issues and economic growth issues. The economist's answer would be price because that's what allocates scarce goods. I think what we've all identified here is we have a problem because of the commons and so the normal market economic mechanisms don't work because you really don't have in many areas the property rights or the ownership and so you've had people who will get short-term gains and not invest in the long term.
So part of what we've been discussing is how through governance reforms, lessons about how you can create rights-based systems, but also sort of a recognition that various communities have to have their sensitivities taken into account, so in some areas, it's a question of who's going to get the fishing rights, whether it'll be local population. Then in any market-based system, you also have to have enforcement, and part of the big problem in this area is whatever rights and aspects haven't been enforced. So there's huge steps that can be taken in these areas.
The reason I'm taking this approach is that what I've seen in other areas of development and environment, if you pose the two against each other, if you put growth against environment, I think you're going to spend a lot of time debating and there's going to be a lot of poor people who want to grow and develop and want their sources of protein. So maybe it's just my bias but I found whether it be carbon and climate change or others that you can find a lot of win-win, mutual solutions and you're likely to build a broader coalition and build more support.
I think it's time that that be tried in the oceans area because we're starting to see the coalescence of different communities; science, island-based nations, coastal nations, people recognizing this. But the question is how do we interconnect these? And I think the start is set some basic goals and then share the information about what works and then try to finance it.
A southern right whale, known in Spanish as ballena franca austral, jumps off the water in the Atlantic Sea, offshore Golfo Nuevo, near Argentina's Patagonian village of Puerto Piramides, June 17, 2011. REUTERS/Maxi Jonas
By David Fogarty
SINGAPORE | Fri Feb 24, 2012 8:09am EST
(Reuters) - The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change
Oceans are the lifeblood of the planet and the global economy, World Bank President Robert Zoellick told a conference on ocean conservation in Singapore. Yet the seas have become overexploited, coastlines badly degraded and reefs under threat from pollution and rising temperatures.
"We need a new SOS: Save Our Seas," Zoellick said in announcing the alliance.
The partnership would bring together countries, scientific centers, non-governmental groups, international organizations, foundations and the private sector, he said.
The World Bank could help guide the effort by bringing together existing global ocean conservation programs and support efforts to mobilize finance and develop market-mechanisms to place a value on the benefits that oceans provide.
Millions of people rely on oceans for jobs and food and that dependence will grow as the world's population heads for 9 billion people, underscoring the need to better manage the seas.
Zoellick said the alliance was initially committed to mobilizing at least $300 million in finance.
"Working with governments, the scientific community, civil society organizations, and the private sector, we aim to leverage as much as $1.2 billion to support healthy and sustainable oceans."
A key focus was understanding the full value of the oceans' wealth and ecosystem services. Oceans are the top source of oxygen
, help regulate the climate, while mangroves, reefs and wetlands are critical to protecting increasingly populous coastal areas against hazards such as storms -- benefits that are largely taken for granted.
"Whatever the resource, it is impossible to evolve a plan to manage and grow the resource without knowing its value," he said.
Another aim was to rebuild at least half the world's fish stocks identified as depleted. About 85 percent of ocean fisheries are fully exploited, over-exploited or depleted.
"We should increase the annual net benefits of fisheries to between $20 billion and $30 billion. We estimate that global fisheries currently run a net economic loss of about $5 billion per year," he said.
Participants at the conference spoke of the long-term dividends from ocean conservation and better management of its resources. But that needed economists, bankers and board rooms to place a value on the oceans' "natural capital".
"The key to the success of this partnership will be new market mechanisms that value natural capital and can attract private finance," Abyd Karmali, global head of carbon markets at Bank of America Merrill Lynch, told Reuters.
He pointed to the value in preserving carbon-rich mangrove forests and sea grassbeds and the possibility of earning carbon offsets for projects that conserve these areas.
"The oceans' stock is in trouble. We have diminished its asset value to a huge degree and poor asset management is poor economics," Stephen Palumbi, director of the Hopkins Marine Station, Stanford University, told the conference.http://www.reuters.com/article/2012/02/24/us-worldbank-oceans-idUSTRE81N09S20120224
RIGHTS-BASED FISHERIES MANAGEMENT - GENERAL PERSPECTIVES
Moving through the Narrows: from Open Access to ITQs and Self-government - A. Scott
Common Property Rights: An Alternative to ITQs - F. T. Christy
Department of Economics, University of British Columbia
Vancouver, B.C., Canada V6T 1Z1http://www.fao.org/DOCREP/003/X7579E/x7579e05.htm