Home > Sectors > Fisheries

Sectors

Fisheries

About this sector

The fishing industry is crucial to the world economy and food supplies. The fishing industry involves the wild capture and farming of fish, shellfish and other aquatic species, and the processing of these into food items or their sale for other purposes including the aquarium and ornamental trade. This section focuses on both the capture fisheries and aquaculture sectors.

Impacts

  • Overfishing of target species.
  • By-catch of non-target species when unselective fishing methods are used.
  • Habitat destruction through destructive fishing practices and coastal development.
  • Impact on other resources through redirection of exploitative pressure.

Opportunities/Risks

  • New markets: consumers looking for sustainably produced or caught fish.
  • Security of Supply: Scarcity and increased cost of resources, reduced quotas and productivity.
  • Reputational risks: loss of biodiversity can lead to poor reputation with shareholders, investors, supply chain partners and consumers.

Case Studies


Back to top
No case studies found

Tools and Mechanisms


Back to top
General Fisheries Commission for the Mediterranean

General Fisheries Commission for the Mediterranean

http://www.gfcm.org/gfcm

Consisting of 23 Member countries along with the European Union, the GFCM’s objectives are to promote the development, conservation, rational management, and best utilization of living marine resources, as well as the sustainable development of aquaculture in the Mediterranean, Black Sea, and connecting waters.

Choose another sector


Fisheries

Case studies
Tools and Mechanisms