Fish Night 5: Can subsidies work for fish and for people?

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IIED's latest Fish Night event will look at how we can make sure that subsidies designed to benefit marine and coastal ecosystems don’t have a detrimental effect on smaller fisheries.

A Kiribati fisherman throws a net. Small-scale fisheries are often affected by subsidies that support unsustainable over fishing (Photo: Quentin Hanich/WorldFish, Creative Commons, via Flickr)

Professor Rashid Sumaila, professor and director of the Fisheries Economics Research Unit at the University of British Columbia's Institute for the Oceans and Fisheries, will be the guest speaker at next month's Fish Night, the fifth instalment of IIED's event that highlights interesting and timely issues around fisheries and the oceans.

‘Fish Night 5: Can subsidies work for fish and for people? Let’s get the conversation started' has been organised at IIED's headquarters in London on Wednesday, 17 October, and registrations are now open.

Marine and coastal ecosystems provide a range of critical services reaching across supply chains, from food, biodiversity and culture to regulating important functions such as carbon sinks, climate regulation and flood protection. Despite this, they are a resource under threat from overexploitation.

While governments have a range of regulatory and market-based instruments they could apply to the fisheries sector to promote sustainable management, when the sector is not sufficiently understood, subsidies that benefit industrial-scale businesses may have a detrimental effect on smaller fisheries, or result in over fishing.

This event will focus on the importance to understand the whole picture, to make sure that fiscal instruments, subsidies for example, do not have a negative effect on either fisheries – particularly small-scale fisheries – livelihoods or the marine and coastal environment.

Guest speaker Sumaila specialises in bio-economics, marine ecosystem valuation and the analysis of global issues such as fisheries subsidies, and the economics of high and deep seas fisheries. 

He has worked across the globe, from Norway, Canada and the North Atlantic region to the Southern African region and the South China Sea. In addition to being published in numerous journals, his work has been cited by The Economist and the International Herald Tribune.

Also present at Fish Night 5 will be IIED’s fisheries expert, principal researcher Essam Yassin Mohammed, who recently attended the negotiations for an international legally binding treaty to protect the high seas in New York.

The discussion will be followed by question-and-answer session. There will also be refreshments and an opportunity for guests to network. 

Event details

Date: Wednesday, 17 October 2018
Time: 5.30pm arrival for a 6pm start
Venue: IIED, 80-86 Gray's Inn Road, London WC1X 8NH
How to attend: Register via Eventbrite

Previous events

IIED's Fish Night events bring together people from academia, government, conservation and the media to discuss issues around sustainable fisheries and oceans.

Previous Fish Nights have focused on sustainable fisheries and what governments and the private sector could do to promote them, the impact on biodiversity of the governance of the high seas, and the launch of the online community FishNet.

Fish Night events aim to:

  • Demystify complex theories and scientific findings: by making the findings accessible to policymakers and consumers, they can promote informed decision-making and fisheries literacy
  • Create space to share hard-earned lessons, and
  • Inspire change to create fisheries that work today and into the future.

Contact

For information on Fish Night 5: Anne Schulthess (anne.schulthess@iied.org), marketing manager in IIED's Communications Group

For information on IIED's oceans and fisheries work: Essam Yassin Mohammed (eymohammed@iied.org), principal researcher (environmental economics) in IIED's Shaping Sustainable Markets research group

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