Fostering responsible fishing and fish farming as the marketplace norm.
Feeding humanity in 2050—when the world’s population is expected to be between 9 and 10 billion—will require a 70 percent increase in global food production, and seafood is a protein source already in high demand.
A complex web of root causes, including economic incentives aligned with overexploitation rather than good stewardship, de facto open-access fishing and fisheries governance, insufficient data and weak enforcement make optimal management of the world’s fisheries and aquaculture farms challenging. Today, 85 percent of the world’s fish stocks are fully exploited or in decline.
Now more than ever, maintaining the productive capacity and integrity of marine ecosystems requires that we catch and produce seafood without engendering severe ecological impacts. We believe marine ecosystems can be safeguarded by re-orienting market demand for seafood and the decision-making systems that drive conservation solutions. In collaboration with the private sector, our grant recipients can help demonstrate the market value of improved fisheries and farm management, so that companies—and consumers—have the incentive to transition and help drive wide reform.
The Oceans and Seafood Markets Initiative is interlinked with and designed to complement our Forests and Agricultural Markets Initiative and our Conservation and Financial Markets Initiative.