Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 445036
Title Understanding fisheries credit systems: potentials and pitfalls of managing catch efficiency
Author(s) Riel, M.C. van; Bush, S.R.; Zwieten, P.A.M. van; Mol, A.P.J.
Source Fish and Fisheries 16 (2015)3. - ISSN 1467-2960 - p. 453 - 470.
Department(s) Alterra - Animal ecology
Environmental Policy
Aquaculture and Fisheries
Publication type Refereed Article in a scientific journal
Publication year 2015
Keyword(s) individual transferable quotas - ecosystem services - compensatory mitigation - sustainable fisheries - environmental-change - designing payments - carbon markets - management - conservation - biodiversity
Abstract Following implementation in a range of other resource sectors, a number of credit-like systems have been proposed for fisheries. But confusion exists over what constitutes these nascent ‘fisheries credit’ systems and how they operate. Based on a review of credit systems in other sectors, this study fills this gap by defining how credit systems function and what credits add to prevailing fisheries management. In doing so, we distinguish ‘mitigation’ and ‘behavioural’ fishery credits. Mitigation credits require resource users to compensate for unsustainable catches of target species, by-catch species or damaging practices on the marine environment by investing in conservation in a biologically equivalent habitat or resource. Behavioural credit systems incentivize fishers to gradually change their fishing behaviour to more sustainable fishing methods by rewarding them with, for instance, extra fishing effort to compensate for less efficient but more sustainable fishing methods. The choice of credit system largely depends on the characteristics of specific fisheries and the management goals agreed upon by managers, scientists and the fishing industry. The study concludes that fisheries credit systems are different but complimentary to other forms of management by focusing on ‘catchability’ or gear efficiency in addition to effort or catch quota, affecting overall economic efficiency by setting specific goals as to how fish are caught. Credit systems therefore incentivize specific management interventions that can directly improve stock sustainability, conserve habitat and endangered species, or decrease by-catch.
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