|
| Submission |
| ID |
|
61556 |
| Submitting Entity |
|
World Bank Group |
|
| Main Information |
| Title |
|
Sunken Billions |
| Description |
|
This World Bank study concludes that marine capture fisheries are an underperforming global asset. The study shows that the difference between the potential and actual net economic benefits from marine fisheries is in the order of $50 billion per year. Improved governance of marine fisheries could capture a substantial part of this $50 billion annual economic loss. Reform of the fisheries sector could generate considerable additional economic growth and alternative livelihoods, both in the marine economy and other sectors. The comprehensive reforms required imply political, social, and economic costs. |
| Web Link |
|
/doc/case-studies/inc/cs-inc-worldbank-sb-en.pdf |
|
| Additional Information |
| Authors |
|
World Bank Group |
| Ecosystems |
|
Marine and Coastal Biodiversity
Inland Waters Biodiversity |
| Regions |
|
Global |
| Incentive Measures |
|
Reform of Perverse Incentives |
| Keywords |
|
Subsidy reform
Fishery policies
Fishery management
Fisheries |
| |
| |
