Subsidies, overfishing & the SDGs - Earth ...

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Subsidies, overfishing & the SDGs - Earth ...
Subsidies, overfishing & the SDGs
Why ending fisheries subsidies matters for India

                  U. Rashid Sumaila
         Fisheries Economics Research Unit
              Global Fisheries Cluster
          The University of British Columbia
                 Vancouver, Canada
               r.sumaila@oceans.ubc.ca
                   @DrRashidSumaila

         Virtual media workshop: The impacts of overfishing
              around the coasts of India, May 13, 2021
Subsidies, overfishing & the SDGs - Earth ...
The ocean is too large to mess up

•2017 Volvo Environment Prize Video: http://www.environment-prize.com/laureates/by-
year/2017/rashid-sumaila/. U. Rashid Sumaila r.sumaila@oceans.ubc.ca
                        www.thehindu.com
•@DrRashidSumaila.
Subsidies, overfishing & the SDGs - Earth ...
Millions of Indians depend on the ocean
  No fish, no fishers, no fish protein or rupees
Subsidies, overfishing & the SDGs - Earth ...
We are ‘overtaking’ & ‘overpolluting’
Pauly et al. 1998; Jackson et al. 2001, Halpern et al. 2008; Abbott & Sumaila 2019
Subsidies, overfishing & the SDGs - Earth ...
Declining oceans have serious
    human consequences
Subsidies, overfishing & the SDGs - Earth ...
Enhance the state of fisheries by
      fixing the economics
• Remove the incentive to overfish:
  – Improve national fisheries management;
  – Push for regional cooperative management;
  – Make illegal fishing unprofitable;
  – Buy insurance by creating marine reserves;
  – Remove and/or redirect harmful
    subsidies.
Subsidies, overfishing & the SDGs - Earth ...
Fisheries subsidies
Fishery subsidies are financial payments,
  direct or indirect from public entities to the
  fishing sector, which reduces the cost of
  fishing and/or increases revenues.

                                    www.reefbase.org
Subsidies, overfishing & the SDGs - Earth ...
Why India should be @ the forefront
     of the subsidies struggle
• are substantial – opportunity cost;
• have trade impacts;
• contribute to overcapacity, overfishing &
  IUU fishing;
• They sabotage the SDGs.

                      http://www.terradaily.com
           NOAA
Subsidies, overfishing & the SDGs - Earth ...
How subsidies induce overfishing

                                                                                      TC1
                                                                                        Cost-reducing
                 MSY                                                                     subsidies
                       Bionomic         Total cost of
                       equilibrium      fishing effort                   BE1
                          (BE)              (TC)
        MEY
TR                                                             TR
                                                                &              BE2
 &
TC                                                             TC
( $)           Max.                                            ($)
               rent                                                                               TC2

                                           Total
                                           Revenue
                                              (TR)
                                                                                           TR

          E1      E2      E3                                             E3          E4 Fishing effort (E)
                                          Fishing effort (E)

                                     Gordon Schaefer bioeconomic model
Subsidies, overfishing & the SDGs - Earth ...
Subsidies Around the World
Subsidies by type

                Sumaila et al. (2019)
India vs. other political entities’ subsidies

                               Capacity
              Beneficial
Country                       enhancing      Ambiguous          Total
             (USD million)
                             (USD million)   (USD million)   (USD million)

China                   87           5,516             348           5,952
USA                  2,216           1,260              77           3,553

Korea Rep.           1,635           1,506              41           3,182

Japan                  534           2,123             161           2,817
EU                   1,527           2,050             237           3,814
India                   83             174              21             278
LDC                    348             913              58           1,319

                                                         Sumaila et al. (2019)
Subsidies: Small scale versus large scale

               Sumaila et al. (2016); Schuhbauer et al. 2017)
Subsidies work against sustainable
            development goals

•   Small Scale – Large Scale Fishers;
•   Developing Country – Developed Country fishers
•   Women - Men;
•   Fishers and processors;
•   Youth (Future vs. Current Generation);
•   Fish/Ocean/Environment – The People.

                                               14
Reduces food security & aggravates poverty
10 million t of fish lost implies lost of jobs & incomes

                               Srinivasan, Sumaila et al. (2010)
Disadvantages developing
country fishers, women & future generations
                                                     300
              Subsidy per fishery worker (USD 000)

                                                     250
                                                                                                  Developing countries

                                                     200
                                                                                                  Developed

                                                     150

                                                     100

                                                     50

                                                       -
                                                           Beneficial       Capacity enhancing     Ambiguous

 13/05/2021                                                                           Teh
                                                                        Global fisheries    & Sumaila,
                                                                                         subsidies       2011; Sumaila et al. (2013)
                                                                                                                                16
There is one global ocean
Subsidies fuel overfishing of the high seas

         The depletion of fish
                            `    stocks in the high
         seas can influence the availability of
         fish to coastal fleets.

 Exclusive economic zones (light blue) and high seas (dark blue)
Remove harmful subsidies & improve
     marine biodiversity, economics & equity

5 countries account for 64% of high seas fishing revenues
         (China, Taiwan, Japan, South Korea & Spain)

          Remove harmful
            subsidies

High seas                                              EEZ
Subsidies & “slave labour” fuel
      high seas fishing
New research

• Broadening the global debate on harmful fisheries
  subsidies through the use of subsidy intensity
  metrics (Skerritt & Sumaila, 2021; Marine Policy);
• The relation between fishing subsidies and CO2
  emissions in the fisheries sector (Machado et al.,
  2021);
• Global analysis of DWF subsidies dollars “spent”
  in coastal states - which countries are most
  impacted (Skerritt & Sumaila, ongoing)?

                                                20
Blue economy = people & the ocean living in harmony
                     Positive Feedback

   Marine           e.g., Subsidies       People
 Conservation                            Wellbeing

                    Negative Feedback

Blue economy: eliminate -ve, promote +ve feedbacks
India matters …
• Is a big, important and influential country;

• India is a champion of the poor;

• India can seize the moral high ground on harmful
  subsidies @WTO for the sake of Indian’s
  struggling coastal communities;

• A need to be innovative with public funds.
Thanks for your attention!

Thanks to Earth Journalism
 Network for making this
    meeting possible
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