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Findings of the independent cost-benefit assessment of the options for strategic re-orientation of WECAFC

Year of publication 2017

Pages 125 p.

Author Kjartan Hoydal

Publisher FAO ;

Product type Book (stand-alone)

Category Technical report

ISBN 978-92-5-109482-2

Series title FAO Fisheries and Aquaculture Circular

Series number C1117

Edition 1

Synopsis (short abstract) This circular contains the findings of the independent cost-benefit assessment of the options for strategic re-orientation of WECAFC, which was conducted over the period May–December 2015. The three options assessed are: 1. WECAFC should remain a regional level fisheries advisory commission as a FAO Article VI body and continue to coordinate joint work with the (sub-) regional advisory/management bodies. 2. WECAFC should become a regional fisheries management organization (RFMO) as an FAO Articl e XIV body, with a mandate to make legally binding decisions. 3. WECAFC should become a regional fisheries management organization (RFMO) independent established outside of FAO’s legal framework with a mandate to make legally binding decisions. This document discusses the status and trends of marine fisheries in the WECAFC area, regional fisheries bodies and RFMOs active in the area, international fisheries instruments and the role of RFMOs and the costs and benefits of the three options above. The assessment concludes that the establishment of an RFMO, either under FAO or outside FAO’s framework would create significant economic, social and environmental benefits at limited costs to the members of WECAFC. The conclusions and recommendations from this circular will be presented to WECAFC 16 in June 2016.

Statutory body / Meeting title Western Central Atlantic Fishery Commission (WECAFC)

Language English

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