ITQs Common Fisheries Policy Reform and Stakeholders Perceptions

Manuel P. Coelho (), José B. Filipe () and Manuel A. Fereira ()
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Manuel P. Coelho: CIRIUS,SOCIUS ISEG, Universidade de Lisboa. Portugal
José B. Filipe: UNIDE, ISCTE/IUL. Portugal
Manuel A. Fereira: UNIDE, ISCTE/IUL. Portugal

No 1, 2015 EAFE (European Association of Fisheries Economists) Conference Papers from Nisea

Abstract: In the early 2010s the Pew Environment Group released a study that finds that E.U. fisheries have failed to reduce fleet capacity thus exerting fishing pressure on stocks at around two time sustainable levels. Overcapacity and overcapitalisation was identified as the principal failure of the Common Fisheries Policy (CFP). This conclusion may be important in the discussion about the on-going CFP reform and about the tools to get sustainable management. Rights Based Management schemes have already been experimented in specific fisheries and localizations. The practical indications and lessons given by these experiences are fundamental to explore the feasibility of such tools as instruments of the conservation and management policy. The purpose of this paper is to continue the debate. A special attention is given to the possibility of introducing a more focused approach on Rights Based Management,in the form of ITQs (Individual TransferableQuotas) in the CFP management regime.

Keywords: Fisheries; Individual Transferable Quotas; Common Fisheries Policy; Reform; Stakeholders Perceptions; Fisheries; Individual Transferable Quotas; Common Fisheries Policy; Reform; Stakeholders Perceptions (search for similar items in EconPapers)
JEL-codes: K11 Q22 (search for similar items in EconPapers)
Pages: 013 pages
Date: 2015
New Economics Papers: this item is included in nep-env
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