Saving Seafood

CFI-CF launches global knowledge competition to combat overfishing

January 25, 2022 — The Coastal Fisheries Initiative’s Challenge Fund (CFI-CF) has launched the Global Knowledge Competition (GKC) to find innovative solutions addressing overfishing in coastal fisheries in four countries: Cabo Verde, Ecuador, Indonesia, and Peru.

The competition is asking for coalitions or individual organizations to create approaches that promote sustainable use and management of fish stocks through the coordination of fisheries, communities, and seafood industry stakeholders in the four countries. Winners of the competition will receive public recognition by the World Bank and other partners and will gain access to services to refine their solutions to aid future implementation. Both winners and runners-up will be able to share their solutions with the seafood industry and investors.

Read the full story at SeafoodSource

How COVID-19 Affects the Fishing Industry

April 19, 2021 — The global seafood market is a huge industry that employs millions of people. Valued at $159 billion in 2019, it will grow to almost $200 billion by 2027. The system is a network of formal and informal producers and distributors, retailers and consumers. In low-income countries, the fishing industry is especially important as a way to reduce poverty. Developing countries employ 97% of the people, directly and indirectly, working in the fishing industry. About 90% of the fishing workforce are small-scale fishermen. By exporting seafood, low-income countries can boost their economies through the oceanic sector. The fishing industry also helps to increase nutrition and food security for the impoverished. Unfortunately, COVID-19 has devastated the fishing industry, just as it has most other industries.

The Impact of COVID-19 on Fisheries

The pandemic has disrupted supply chains and lowered demand, reducing profits in the industry. Lockdowns and curfews have also reduced catch sizes, which in turn means that fisherfolk make less per day of work. What they do not sell often goes to waste as cold storage is expensive and not widely available to small-scale fishermen. The most affected groups are small and medium-scale fisheries, especially in rural areas, as they lack the resources that large-scale fisheries have to be able to transition and adapt during COVID-19. Furthermore, they do not have the safety net of social protection programs that large-scale fisheries may have.

Many developing countries with large fishing sectors have been struggling to offset the effects of COVID-19. In Thailand and India, migrant fish workers were met with lockdowns and nowhere to sell their products. Traders in India and Myanmar reported a 15% drop in fish prices post-lockdowns. In China, a shift to frozen and processed seafood left fresh-catch fishers floundering.

Read the full story at Borgen Magazine

Scientists to global policymakers: Treat fish as food to help solve world hunger

January 20, 2021 — Scientists are urging global policymakers and funders to think of fish as a solution to food insecurity and malnutrition, and not just as a natural resource that provides income and livelihoods, in a newly-published paper in the peer-reviewed journal Ambio. Titled “Recognize fish as food in policy discourse and development funding,” the paper argues for viewing fish from a food systems perspective to broaden the conversation on food and nutrition security and equity, especially as global food systems will face increasing threats from climate change.

The “Fish as Food” paper, authored by scientists and policy experts from Michigan State University, Duke University, Harvard University, World Bank and Environmental Defense Fund, among others, notes the global development community is not on track to meet goals for alleviating malnutrition. According to the U.N. Food and Agriculture Organization, the number of malnourished people in the world will increase from 678 million in 2018 to 841 million in 2030 if  continue—an estimate not accounting for effects of the COVID-19 pandemic. Fish provide 17% of the animal protein consumed globally and are rich in micronutrients, essential fatty acids and protein essential for cognitive development and maternal and childhood health, especially for communities in developing countries where  may be the only source of key nutrients. Yet fish is largely missing from key global food policy discussions and decision-making.

“Fish has always been food. But in this paper, we lay out an agenda for enhancing the role of fish in addressing hunger and malnutrition,” says Abigail Bennett, assistant professor in the Center for Systems Integration and Sustainability in the Department of Fisheries and Wildlife at Michigan State University. “We are urging the international development community not only to see fish as food but to recognize fish as a nutrient-rich food that can make a difference for the well-being of the world’s poor and vulnerable. What kinds of new knowledge, policies and interventions will be required to support that role for fish?” she adds.

Read the full story at PHYS.org

Jamaica receives USD 4.8 million aid from World Bank for fishers

May 3, 2018 — The World Bank has granted just under USD 5 million (EUR 4.1 million) to Jamaica to support a project aimed at helping vulnerable fishing communities.

Jamaica’s Minister of Finance and Public Service, Dr. Nigel Clarke, signed the USD 4.8 million (EUR 3.92 million) agreement at the end of March with World Bank Country Manager Galina Sotirova that will provide funding for the “Promoting Community-Based Climate Resilience in the Fisheries Project.”

The project’s aim, according to a story carried on the Jamaica Information Service website, is “to strengthen the fisheries policy and regulatory framework for climate resilient fisheries and aquaculture management; build capacity to promote sustainable fisheries management; support fishing and fish farming communities to adopt climate-resilient aquaculture, coastal mari-culture/poly-culture, diversify their livelihoods and raise awareness of climate change impacts on the fisheries sector.”

“The project will also contribute to the objectives of the 2015 National Fisheries and Agriculture Policy, aimed at improving the sustainability of Jamaica’s fisheries,” Dr. Clarke said.

Read the full story at Seafood Source

 

Fish 2.0 Offers Cash, Advice to an Ocean of Seafood Start-Ups

January 25, 2018 — In a large ballroom at Stanford University’s Arrillaga Alumni Center, jittery entrepreneurs make their way onto a small stage to pitch their sustainable seafood ventures. Out of 184 applications, only 40 have made the cut. Among the finalists are a mail-order oyster startup that will ship the food overnight to your door, a manufacturer of devices that track lost fishing gear, an Alaskan processing facility looking to expand, and training programs that teach Peruvian fishermen how to operate more sustainably.

They’re taking part in the third bi-annual Fish 2.0 competition, and the stakes are high. Many of these entrepreneurs have never made a pitch in front of an audience before. And with some of the largest and most respected investors in the sector, including Rabobank, Aqua-Spark, and Obvious Ventures, eagerly looking on, competitors are anxious to make a good impression. Flanked by projectors and armed only with a microphone and a remote to advance their slides, entrepreneurs from as far away as Italy, Peru, and the Solomon Islands have only a few minutes to make their pitch in front of a four-judge panel and a room full of potentially lucrative connections.

With global demand for sustainable seafood growing rapidly, the industry hasn’t been able to keep pace. Programs like Fish 2.0 hope to meet that demand and support the sector’s growth by connecting investors to emerging businesses. Similar to accelerators like Mixing Bowl, Imagine H2O, and the Chobani Incubator, Fish 2.0 aims to strengthen the sustainable seafood movement by helping ventures become financially sustainable, scalable, and profitable.

Although Fish 2.0 is framed as a competition, networking is what really matters for most participants. The eight competition winners each receive $5,000 in prize money, but for past winner Norah Eddy, whose company Salty Girl Seafood sells sustainable fish in ready-to-cook, pre-marinated packages, the experience and exposure were more important than the actual cash. Eddy says the connections she fostered at Fish 2.0 two years ago have remained fruitful for Salty Girl, which has expanded its line of products since they won a prize at the competition.

“We’ve subsequently raised money and our connection to Fish 2.0 has only served us well in business following the competition,” Eddy adds.

A Forum for Changemakers

Fish 2.0 is the brainchild of Monica Jain, a Wharton MBA graduate and former marine biologist, and it brings her two passions together. “There are a lot of great companies starting up and they need capital to grow effectively,” she says. “It’s the same in every field. We can’t expect innovative business to grow without capital.”

Funded by academic institutions, the David and Lucile Packard Foundation, USAID, the U.S. State Department, investment funds, and others, the Fish 2.0 process starts a year before the actual event, with businesses applying to the competition online. Each applicant is put through a series of assessments that examine their business plans, potential for impact, risks, and opportunities for investment. While some businesses are well-established and looking to expand, others are looking for their initial seed money.

No matter the size of their business, each of the top 40 entrepreneurs is paired with an impact advisor and an investment advisor who offer feedback on both the science and the business sense of their model. The contestants span the broad and diverse seafood supply chain, with offerings ranging from an oyster co-op in Florida looking for investors to help fund construction of a hatchery, to Seafood IQ, an Icelandic company that uses radio frequency identification (RFID) labels so consumers can be sure they know where their fish is coming from.

Seafood provides a unique challenge because the industry is global, fractured, and full of middlemen. Salmon, for example, may be caught in Alaska, processed in China, and then shipped back to the U.S. for sale. As with other meats, it’s often difficult to tell where seafood is coming from or whether it’s sustainable. And the problem is getting more pronounced as global demand increases. In 2016, the Food and Agriculture Organization (FAO) found that global per capita fish consumption had hit more than 44 pounds a year, an all-time high.

Earlier this year the World Bank reported that, “about 90 percent of marine fisheries monitored by the FAO are fully fished or overfished, up from about 75 percent in 2005.” In addition to increased consumption, the report also points to the fact that “fish stocks are also under pressure from pollution, coastal development, and the impacts of climate change.”

Rather than focusing on improving consumer education or tightening governmental regulations, Fish 2.0 hopes to protect the oceans by showing sustainability makes good business sense. Because the seafood industry relies on natural resources, Jain believes that sustainable ventures, which are able to preserve those resources for years to come, are more “likely to do better in the long run.” Sustainable, she says, is simply “better business.”

Tim Fitzgerald of the Environmental Defense Fund (EDF)—and a judge at this year’s Fish 2.0 contest—agrees that this investment is vital to the long-term health of the oceans. “To have large-scale change, you have to engage business,” he says.

Read the full story at Civil Eats

 

Thanks To Technology, You Might Soon Know Where Your Seafood Actually Comes From

September 16, 2016 — Millions of people worldwide depend on seafood to survive. An estimated 450 million people get their primary source of food from the ocean, and according to the World Bank, fishing makes up at least 10 percent of the global economy.

But for all its popularity and importance, the seafood industry’s supply chain is notoriously opaque, complex and plagued with problems, including illegal fishing and seafood fraud, which can seriously deplete fish populations and harm marine habitats.

Seafood lovers often have no idea where their fish or shrimp were caught, and even whether or not their snapper was the real McCoy.

Thanks to improved technology, together with the efforts of businesses, nonprofits and governments, however, “ocean-to-table” visibility is fast becoming a reality. And this, experts say, may help save our ailing seas.

Read the full story at the Huffington Post

NISHAN DEGNARAIN & MICHAEL POSNER: Time to crack down on seafood industry’s worst abuses

May 24, 2016 — Over the last year, a series of Pulitzer Prize-winning news stories have revealed human trafficking, forced labor, and other abuses in the seafood industry. The complexity of global seafood supply chains and significant gaps in regulation have made it very difficult to track, much less remedy, these abuses.

Recently, the U.S. government has begun to expand its efforts to monitor and better regulate the seafood industry, recognizing the links between environmental sustainability and food safety. But these efforts have paid too little attention to addressing labor abuses. The solution to these labor problems will require increased regulation, improved corporate sourcing practices, and greater transparency, all predicated on a sharing of responsibility between industry, governments and other stakeholders.

According to the World Bank an estimated 2.5 billion people worldwide depend on fish for nutrition. Demand for seafood will continue to rise in the future, as population growth, increasing income, and the rising middle class in developing countries like China and India drive demand.

Read the full opinion piece at CNBC