What are healthy fisheries worth? What, then, are healthy oceans worth?
Well, we’d argue they’re priceless, but a new report quantifies their value, and it’s no small change.
The first comprehensive, peer-reviewed estimate of the global social and economic contribution of fisheries was recently published online in four papers. In the report, scientists from the University of British Columbia’s Fisheries Centre quantify the value of the world’s fish, and calculate the loss of both revenue and dependable protein sources from overfishing.
Here are a few highlights from the report:
*Global fisheries, a vital source of food and revenue throughout the world, contribute between $225-$240 billion per year to the worldwide economy.