Economic Valuation as a Tool to Bridge the Science-Policy Gap

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7th GEF Biennial International Waters Conference in Barbados Presentation on Session II: Reporting back from breakout session by Rhodes University

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Economic Valuation as a Tool to Bridge the Science-Policy Gap

  1. 1. [ Slide Title ] 7th Biennial GEF International Waters Conference Bridgetown, Barbados Targeted Workshops Economic Valuation as a Tool to Bridge the Science-Policy Gap Session II: Reporting back from breakout session NAME, Rhodes University
  2. 2. KEY OUTCOMES FROM THE BREAKOUT GROUPS • Three groups found it useful, providing a good context for further discussion in the next session • One group found although useful, it was fairly rigid, perhaps too linear for todays application, and the context of the application – putting it into the big picture • With indirect effects social issues became very important • A lot of discussion on stakeholders to be included • The same sectors in different geographical areas have very different issues • In practice one would information on all the sectors and interactions before making specific management recommendations
  3. 3. Selecting New or Modifying Management Measures Agree on Broad Objectives for Fishery Implement Select Optimal Measures Consider Costs & Benefits of Management Options for all Objectives Identify Issues For Action Prioritise Issues Consider Management Measures to Address Priority Issues
  4. 4. A Simple Scoring Approach as an Example
  5. 5. The Angolan Artisanal Fishery – Broad Objectives         Maintain biomass of important at productive levels. Minimize impact on juvenile or undersized fish. Minimize impacts on threatened, protected species. Minimize impacts on coastal communities and ecosystems. Maintain or increase the supply of good-quality fish to the population. Contribute to poverty alleviation through the increase of opportunities for employment Increase equity in the distribution of employment and income Maximize the contribution of the fishery to the national economy, especially coastal provinces
  6. 6. Cost-Benefit of By-catch limits in Angola Trawl Fishery Objective Comments / rationale on the Effects of the Proposed Management Response Short term Long term Minimize impacts of bottom trawl fishery on threatened, protected or vulnerable species (sea turtles, sharks, marine mammals, other); Reduction of by-catch will reduce impact To contribute to poverty alleviation through the increase of opportunities of employment in the fisheries extractive sector and in the fish processing industry in the coastal provinces; Indirect effect, via recovered stocks To promote reliable supply of fish products to the population, at accessible prices; Indirect effect, via recovered stocks To promote equity in the distribution of employment and income among the regions of the country and in the coastal provinces; Indirect effect, via recovered stocks 3 0 1 0 3 0 0 0 0 1 0 2 0 0 2 0 0 0 2 0 0 0 2 0 0 0 1 2 1 3 5 1 17 No effect Maximize long-term economic benefits from the fishery; 0 Indirect effect, via recovered stocks To promote the development of the industrial productive fisheries sector; 1 No effect Minimize impacts of bottom trawling on bottom substrate; 0 1 Will contribute via reduction of mortality Benefit 0 Maintain demersal community structure in terms of size structure and species composition; Cost 0 Will contribute via reduction of mortality Benefit 0 Restore biomass of commercially important demersal species to optimal levels of productivity; Cost Total Cost - Benefit
  7. 7. Some Potential Management Actions for the Angolan Artisanal Fishery Management and MCS Bycatch and Gear Social and Economic Issues
  8. 8. Benefit Cost Estimators for EAF Management Actions – Angolan Artisanal Fishery

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