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Carl-Christian Schmidt* Head of Fisheries Policies, OECD Trade and Agriculture

Challenges for sustainable fisheries and marine-based development opportunities in the NORA region. Carl-Christian Schmidt* Head of Fisheries Policies, OECD Trade and Agriculture. Nordic Oceans Conference, Torshavn, June 2011.

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Carl-Christian Schmidt* Head of Fisheries Policies, OECD Trade and Agriculture

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  1. Challenges for sustainable fisheries and marine-based development opportunities in the NORA region Carl-Christian Schmidt* Head of Fisheries Policies, OECD Trade and Agriculture Nordic Oceans Conference, Torshavn, June 2011 * Views expressed are those of the author and do not necessarily correspond to those of the OECD or its Member countries.

  2. The Last Frontier • 71 per cent of the world’s surface • Home to many economic activities • Vital to humans • And yet largely unexplored and unknown • And not valued

  3. Home to important activities (1) • Source of food • Source of medicine • Major transport activities which is particularly important for economic growth • Mineral and oil/gas extraction

  4. Home to important activities (2) • Tourism • Dumping – agricultural and industrial run-off • Habitat – coastal development • Cultural importance

  5. The NORA region’s fisheries sector: key characteristics • Few but valuable species • Fishing fleets reduced and more concentration • Employment falling (ageing, recruitment difficulties) • High level of catches with change in composition • Aquaculture • Global and highly competitive market • The central role of the management system

  6. NORA Assessment and Recommendation • Sustainable development of fisheries will be essential for the region’s long-term competitiveness • Research and innovation are crucial for improving the efficiency and sustainability of the fisheries sector • Regional co-operation is required to ensure sustainable management of the sector and can be the basis of exchange of know-how, research and expertise (NEAFC, ICES) • Higher value added and niche products from the marine sector could be further developed

  7. Fisheries is just one of many activities • Total use of ocean and oceanic activities have increased considerably over the past decades, and will continue to do so as an important source of economic growth • But to achieve Green Growth we need a new way of thinking regarding ocean governance within which we can better gauge and make necessary trade-offs

  8. Is IOM the way forward? Use economics to better: • Value activities • Assess impacts • Get incentives right among users • Shape institutions and governance

  9. IOM • Contribute to SD/Green growth • Enhance economic efficiency • Reduce externality effects from other sectors • Streamline decision making

  10. IOM • Choosing the right levels of governance for fisheries to be integrated into IOM (scales and levels) is challenging, and challenge traditional institutional structures • Keeping in mind that as in fisheries we are dealing with people and economic activities, i.e. values, objectives, behaviour and incentives • 2012 EXPO Yeosu: The Living Ocean and Coast

  11. NORA region as a knowledge hub in support of ocean governance Pool research and science resources: • Fishing and fish farming • Fisheries, climate change and ocean acidification • Fisheries management • Green growth imperatives

  12. Fisheries Policies, OECD Trade and Agriculture www.oecd.org/fisheries Contact carl-christian.schmidt@oecd.org

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