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Lesser Sunda Sustainable Fishing
Initiative
The Coral Triangle
Most Diverse Region on the Planet
• 6 countries
• 6 million km2
• 6 of the world’s 7
marine turtle
species
• 75% of the world’s
coral species
• 40% of the world's
coral reef fish
species
• All pelagic species
migrate from the
Indian Ocean to the
Pacific Ocean
through the CTI
World Fisheries
• The world capture fisheries peaked in 1985 at
90 million tons
• All industrial capture fisheries would be
bankrupt today without government subsidies
• Marine protein consumption has increased
57% since 1997
• Aquaculture cannot fill the consumption gap
created by increasing consumer demand and
population growth
North Atlantic World Wide Sourcing
Coral Triangle Fishing
• Many of the stocks in the Coral Triangle have
been fished to the point of overexploitation
• Subsistence fishers using present methods will
fish stocks to the point of collapse in the next
10 -15 years
• Over 40% of the harvest never makes it to
market due to poor handling and lack of
infrastructure
The Problem
• 180 million people in the CTI depend on
seafood as their major source of protein.
• The western markets will outbid local
populations for unsustainable marine protein.
• Increased pressure on juvenile fish for local
consumption will collapse stocks.
• The reduction of marine protein in the CTI will
create a Food Security crisis in an area where
most are living at subsistence level or below
Why is this an opportunity?
• The LSSFI Initiative is a “game changer” with
triple bottom line impact.
• This is an opportunity to insure that the most
productive fisheries of the world are managed
sustainably.
• It is the first time private industry is leading
collaboration among NGOs and government
agencies.
Why is this high impact?
• It is the first time in S.E. Asia economic
incentives have been used to drive fisher
behavior towards better harvesting methods.
• The model we have developed can be scaled
to the rest of the developing world
• The reduction of industrialized fishing in this
area has changed the economics allowing for
productive artisanal fishing
• The system is ripe for change
Funding Opportunities
• North Atlantic, Inc – Grants for IP
development. Working/growth capital
• NAI Ventures, Inc – Equity and working capital
to subsidiary operations and Infrastructure
• P.T. Bali Seafood International – Debt for build
out of export plant. Trade financing for export
Collaborative Entities
• World Wildlife Fund
• The Nature Conservancy
• Sustainable Fisheries Partnership
• Ministry of marine Affairs – Fisheries
Indonesia
• UN-FAO Regional Fisheries Livelihood
Programme
• University of California Santa Barbara
For more information?
• Contact P. T Bali Seafood International - joint
venture company @ +62 813 3868 0073/ 1
207 671-7044
• www.allfish.org
• www.northatlanticinc.com
• www.cti-secretariat.net

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SOCAP10: Jerry Knecht, Bail Seafood International

  • 1. Lesser Sunda Sustainable Fishing Initiative
  • 2. The Coral Triangle Most Diverse Region on the Planet • 6 countries • 6 million km2 • 6 of the world’s 7 marine turtle species • 75% of the world’s coral species • 40% of the world's coral reef fish species • All pelagic species migrate from the Indian Ocean to the Pacific Ocean through the CTI
  • 3.
  • 4. World Fisheries • The world capture fisheries peaked in 1985 at 90 million tons • All industrial capture fisheries would be bankrupt today without government subsidies • Marine protein consumption has increased 57% since 1997 • Aquaculture cannot fill the consumption gap created by increasing consumer demand and population growth
  • 5. North Atlantic World Wide Sourcing
  • 6. Coral Triangle Fishing • Many of the stocks in the Coral Triangle have been fished to the point of overexploitation • Subsistence fishers using present methods will fish stocks to the point of collapse in the next 10 -15 years • Over 40% of the harvest never makes it to market due to poor handling and lack of infrastructure
  • 7.
  • 8. The Problem • 180 million people in the CTI depend on seafood as their major source of protein. • The western markets will outbid local populations for unsustainable marine protein. • Increased pressure on juvenile fish for local consumption will collapse stocks. • The reduction of marine protein in the CTI will create a Food Security crisis in an area where most are living at subsistence level or below
  • 9.
  • 10. Why is this an opportunity? • The LSSFI Initiative is a “game changer” with triple bottom line impact. • This is an opportunity to insure that the most productive fisheries of the world are managed sustainably. • It is the first time private industry is leading collaboration among NGOs and government agencies.
  • 11.
  • 12. Why is this high impact? • It is the first time in S.E. Asia economic incentives have been used to drive fisher behavior towards better harvesting methods. • The model we have developed can be scaled to the rest of the developing world • The reduction of industrialized fishing in this area has changed the economics allowing for productive artisanal fishing • The system is ripe for change
  • 13.
  • 14. Funding Opportunities • North Atlantic, Inc – Grants for IP development. Working/growth capital • NAI Ventures, Inc – Equity and working capital to subsidiary operations and Infrastructure • P.T. Bali Seafood International – Debt for build out of export plant. Trade financing for export
  • 15. Collaborative Entities • World Wildlife Fund • The Nature Conservancy • Sustainable Fisheries Partnership • Ministry of marine Affairs – Fisheries Indonesia • UN-FAO Regional Fisheries Livelihood Programme • University of California Santa Barbara
  • 16. For more information? • Contact P. T Bali Seafood International - joint venture company @ +62 813 3868 0073/ 1 207 671-7044 • www.allfish.org • www.northatlanticinc.com • www.cti-secretariat.net