SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.

The magnitude of subsidies provided to the fishing sector by governments worldwide is immense-an estimated $35.4 billion USD per year. The majority of these subsidies may be impeding efforts to sustainably manage fisheries by incentivizing overfishing and overcapacity. Recognizing the threat these s...

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Main Authors: Katherine D Millage, Vienna R Saccomanno, Matthew M Warham, Laura Lea Rubino, Anna Schuhbauer, U Rashid Sumaila, Christopher Costello
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2022-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0265829
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author Katherine D Millage
Vienna R Saccomanno
Matthew M Warham
Laura Lea Rubino
Anna Schuhbauer
U Rashid Sumaila
Christopher Costello
author_facet Katherine D Millage
Vienna R Saccomanno
Matthew M Warham
Laura Lea Rubino
Anna Schuhbauer
U Rashid Sumaila
Christopher Costello
author_sort Katherine D Millage
collection DOAJ
description The magnitude of subsidies provided to the fishing sector by governments worldwide is immense-an estimated $35.4 billion USD per year. The majority of these subsidies may be impeding efforts to sustainably manage fisheries by incentivizing overfishing and overcapacity. Recognizing the threat these subsidies pose, the World Trade Organization has set a goal of reaching an agreement that would end fisheries subsidies that contribute to overcapacity, overfishing, and illegal fishing. However, negotiations have been hampered by uncertainty around the likely effects of reforming these subsidies. Here we present a novel method for translating a bioeconomic model into an interactive online decision support tool that draws upon real-world data on fisheries subsidies and industrial fishing activity so users can directly compare the relative ambition levels of different subsidy reform options.
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spelling doaj.art-112d23e0f54d49aea669a618065bc73c2022-12-22T02:31:07ZengPublic Library of Science (PLoS)PLoS ONE1932-62032022-01-01176e026582910.1371/journal.pone.0265829SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.Katherine D MillageVienna R SaccomannoMatthew M WarhamLaura Lea RubinoAnna SchuhbauerU Rashid SumailaChristopher CostelloThe magnitude of subsidies provided to the fishing sector by governments worldwide is immense-an estimated $35.4 billion USD per year. The majority of these subsidies may be impeding efforts to sustainably manage fisheries by incentivizing overfishing and overcapacity. Recognizing the threat these subsidies pose, the World Trade Organization has set a goal of reaching an agreement that would end fisheries subsidies that contribute to overcapacity, overfishing, and illegal fishing. However, negotiations have been hampered by uncertainty around the likely effects of reforming these subsidies. Here we present a novel method for translating a bioeconomic model into an interactive online decision support tool that draws upon real-world data on fisheries subsidies and industrial fishing activity so users can directly compare the relative ambition levels of different subsidy reform options.https://doi.org/10.1371/journal.pone.0265829
spellingShingle Katherine D Millage
Vienna R Saccomanno
Matthew M Warham
Laura Lea Rubino
Anna Schuhbauer
U Rashid Sumaila
Christopher Costello
SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
PLoS ONE
title SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
title_full SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
title_fullStr SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
title_full_unstemmed SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
title_short SubsidyExplorer: A decision-support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies.
title_sort subsidyexplorer a decision support tool to improve our understanding of the ecological and economic effects of reforming fisheries subsidies
url https://doi.org/10.1371/journal.pone.0265829
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