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Green Growth in Fisheries and Aquaculture

image of Green Growth in Fisheries and Aquaculture

This report summarises the current situation in fisheries and aquaculture, observing that in many parts of the world these sectors are at risk and do not reach their full potential. However, the prospects for sustained growth are good if reforms along the lines suggested by the OECD Green Growth Strategy are undertaken. The report emphasises the need for a strong, science-based approach to stock management for resource sustainability, combined with a transparent and reactive policy development cycle to ensure that fisheries deliver maximum possible benefits. The report shows that improved regulation to deal with environmental externalities and space competition is key to unlocking future growth potential of aquaculture.

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Green Growth in the blue economy: Integrating fisheries, aquaculture and the environment

This chapter describes the fisheries and aquaculture sectors in broad terms, identifying some of their important interactions and shared challenges for the future. It shows that the prospects for sustained growth are good if reforms along the lines suggested by the OECD Green Growth Strategy are undertaken. Well-managed fisheries can deliver billions more in value and millions of tonnes more fish each year, while aquaculture has the potential for continued strong growth to supply the food requirements of a growing world. An integrated policy view that takes in the whole of the “blue economy” of marine and coastal spaces and which evaluates itself against clear and measureable objectives is required to secure this vision of green growth for fisheries and aquaculture.

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