How can we manage a so-called "renewable" natural resource such as a fishery when we don't know how renewable it really is? James A. Crutchfield and Arnold Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Although the U.S. Department of the Interior published a report about their findings in 1962, it had very limited distribution and is now long out of print. This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work—such as price-oriented conservation policy—to the fields of resource economics and management. The resulting volume integrates theory and practice in a clear, well-contextualized case study that will be important not just for environmental and resource economists, but also for leaders of industries dependent on any natural resource.

Marine and coastal resources provide millions of people with their livelihoods, such as fishing and tourism, and a range of critical additional ‘ecosystem services’, from biodiversity and culture to carbon storage and flood protection. Yet across the world, these resources are fast-diminishing under the weight of pollution, land clearance, coastal development, overfishing, natural disasters and climate change. This book shows how economic instruments can be used to incentivize the conservation of marine and coastal resources. It is shown that traditional approaches to halt the decline focus on regulating against destructive practices, but to little effect. A more successful strategy could be to establish schemes such as payments for ecosystem services (PES), or incorporate an element of financial incentives into existing regulatory mechanisms. Examples, both terrestrial and marine, from across the world suggest that PES can work to protect both livelihoods and environments. But to succeed, it is shown that these schemes must be underpinned by robust research, clear property rights, sound governance structures, equitable benefit sharing, and sustainable finance. Case studies are included from south and east Asia, Latin America, Africa and Australia. The book explores the prospects and challenges, and draws lessons from PES and PES-like programmes from across the globe.

This book addresses a timely and compelling emerging issue related to the conservation and sustainable use of marine resources and the sustainable development of the coastal community. Marine protected areas (MPAs) make a remarkable contribution to the protection of marine communities by providing sustainable livelihoods, deriving financial benefits from the development of fisheries and tourism, as well as by restoring ocean productivity and preventing further environmental degradation. These areas have been considered the cornerstone of a blue economy due to their substantial economic, social and environmental contributions. However, MPAs around the world are severely hampered by a multitude of issues and challenges such as inefficient management, poor socioeconomic conditions and environmental degradation due to human activities, overexploitation of marine resources, degradation of water quality, massive waste production and climate change. These are the main obstacles to economic, social and environmental sustainability. Hence, a collaborative management approach and an integrated management policy framework is urgently needed for the economic, social, political, cultural, technological, and ecological development of coastal communities.

This handbook is the most comprehensive and interdisciplinary work on marine conservation and fisheries management ever compiled. It is the first to bridge fisheries and marine conservation issues. Its innovative ideas, detailed case studies, and governance framework provide a global special perspective over time and treat problems in the high seas, community fisheries, industrial fishing, and the many interactions between use and non-use of the oceans. Its policy tools and ideas for overcoming the perennial problems of over fishing, habitat and biodiversity loss address the facts that many marine ecosystems are in decline and plagued by overexploitation due to unsustainable fishing practices. An outstanding feature of the book is the detailed case-studies on conservation practice and fisheries management from around the world. These case studies are combined with 'foundation' chapters that provide an overview of the state of the marine world and innovative and far reaching perspectives about how we can move forward to face present and future challenges. The contributors include the world's leading fisheries scientists, economists, and managers. Ecosystem and incentive-based approaches are described and complemented by tools for cooperative, participatory solutions. Unique themes treated: fisher behavior and incentives for management beyond rights-based approaches; a synthesis of proposed 'solutions'; a framework for understanding and overcoming the critical determinants of the decline in fisheries, degradation of marine ecosystems, and poor socio-economic performance of many fishing communities; models for innovative policy instruments; a plan of action and adoption pathways to promote sustainable fishing practices globally. Collectively, the handbook's many valuable contributions offer a way forward to both understanding and resolving the multifaceted problems facing the world's oceans.

First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

Charles Perrings and Ann Kinzig address the broad problem of conservation, the principles that inform conservation choices, and the application of those principles to the management of the natural world. Conservation examines how conservation choices are made and demonstrates how decisions of one person or one community at one time or place affect people or communities at other times or places.

This Draft Marine Bill (Cm. 7351, ISBN 9780101735124) contains the following: a policy paper; the draft Marine Bill and explanatory notes; an impact assessment. The Bill sets out the Government's approach to a number of marine related issues, including environmental protection of the coastal marine environment and the seas surrounding the coast as well as access to the coastal environment for recreation. The legislation set out in this Bill was originally proposed in "Sea Change", a Marine White Paper, published in March 2007 (Cm. 7047, ISBN 9780101704724). The White Paper itself had proposed a strategic system of marine planning to balance conservation, energy and resource needs, using the principle of sustainable development. The Draft proposals in this Bill puts the earlier proposals of the White Paper into a legislative framework, which includes: the creation of the Marine Management Organisation; deliverance of new marine planning systems, including establishing new powers to enable the Government to put in place a network of marine conservation zones to protect marine life; better licensing decisions for licensing activities in the seas; reforms to a range of marine, migratory and freshwater fisheries management arrangements; allow greater access to the English coast. Comments on the Draft Bill should be submitted in writing by 26 June 2008.

The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights.

Intense exploitation of our oceans and seas is degrading marine biodiversity and ecosystems at an alarming rate. This report presents good practice insights for effectively managing marine protected areas (MPAs), one of the policy instruments available for the conservation and sustainable ...

The economic activities of humanity, particularly during the last couple of cen turies, have had a profound impact on the natural environment. Fast depletion of the world's forest resources, fish stocks, fossil fuels and mine deposits have raised many moral as well as practical questions concerning present and future generations. Furthermore, a number of global environmental problems such as acid rain, the 'greenhouse effect' and depletion of the ozone layer are causing concern throughout the world. What does economics say about the exploitation of nature's scarce resources? This book, which is a much expanded version of an earlier publication, Economics of Natural Resources and the Environment, aims mostly at final-year undergraduates reading subjects such as economics, business studies, environ mental science, forestry, marine biology, agriculture and development studies. There is also a good deal of material - especially in the chapters on fisheries, forestry, valuation and discounting - that post-graduate students may find useful as stepping-stones. The material presented stems from my lectures to final-year students at the University of Ulster during the last 12 years, and some of my ongoing research work. When I moved to Northern Ireland in 1982 I was given a course called 'Economics of Exhaustible Resources' to teach. This has changed its title and focus a number of times along with the structure of the University. My early reading lists included a number of journal articles and books written on the sub ject.