[ABNJ Ocean Partnerships] Innovative Incentive-Based Tools in Reform of Highly Migratory Fisheries at Project Development and Regional Scales
This report was prepared for the World Wildlife Fund, Inc. (WWF-US) under a grant from the World Bank’s Ocean Partnerships for Sustainable Fisheries and Biodiversity Conservation-Models for Innovation and Reform (OPP). It explores the interplay between incentive-compatible management (ICM) and Regional Fisheries Management Organization (RFMO) management, and successes and lessons learned in the pre-implementation, implementation, and design phases of ICM projects across select RFMOs. This report begins by developing a framework for ICM and discussing the application of these tools in a broad sense. Next, the report summarizes the incentive-compatible activities that are in planning or underway across the globe, with a focus on pre-implementation, implementation, design, and performance, where available. Finally, the report concludes by drawing inferences from the pre-implementation and implementation successes so that they can inform future movement toward the use of incentive-compatible intervention in transboundary fisheries to enhance ecological, social and economic outcomes.
20 Feb 2019