impact

A Plan of Action for sustainable fisheries and oceans trade

Samba Lahy recalls the time when, as a young man, he used to go fishing with his parents off the coast of Tampolove, one of the fishing villages dotting the southwestern coast of Madagascar. Every time his family returned from the sea, their long and narrow canoe would be filled to the brim with fish. But things have changed.

Mr. Lahy, now with a family of his own, has seen his catches dwindle. As a result, like others in Tampolove, he can no longer rely on fishing as his main source of income. His story sounds familiar to many, in scores of fishing villages around the world. 

Today, one third of the world’s fish stocks are overfished, up from 10 per cent in the mid-1970s. Another 60% of fish stocks have been exploited at their maximum sustainable limit. But overfishing is only one of many problems affecting the oceans. Over the past 30 to 40 years, the world has lost half of its coral reefs. Other problems include a rise in ocean temperatures and acidity, both a result of the climate crisis.

Despite a growing awareness of these challenges, progress in tackling them has been slow. This is due to many factors, not least the perception that protecting the environment is costly and will therefore hinder economic growth and socio-economic development. However, the quest for a healthy environment can be compatible with a prosperous economy and a global trading system.

The ingenuity of rural producers like Lahy offers inspiration and assurance that the two are not inherently incompatible. Faced with dwindling catches, Lahy and others in the community began experimenting with seaweed farming with the help from non-governmental organizations.  Soon this turned into a profitable economic activity, and the village soon started to sell their seaweed to foreign markets, where it is used to produce food, personal care products, cosmetics, paints, adhesives, dyes and gels.

imagePhoto by UNCTAD