The world faces the nightmare possibility of fish-less oceans by 2050 unless fishing fleets are slashed and stocks allowed to recover, UN experts warned on Monday.
“If the various estimates we have received ... come true, then we are in the situation where 40 years down the line we, effectively, are out of fish,” Pavan Sukhdev, head of the UN Environment Programme’s (UNEP) green economy initiative, told journalists in New York.
A Green Economy report due later this year by UNEP and outside experts argues this disaster can be avoided if subsidies to fishing fleets are slashed and fish are given protected zones — ultimately resulting in a thriving industry.
The report, which was opened to preview on Monday, also assesses how surging global demand in other key areas including energy and fresh water can be met while preventing ecological destruction around the planet.
UNEP director Achim Steiner said the world was “drawing down to the very capital” on which it relies.
However, “our institutions, our governments are perfectly capable of changing course, as we have seen with the extraordinary uptake of interest. Around, I think it is almost 30 countries now have engaged with us directly, and there are many others revising the policies on the green economy,” he said.
Environmental experts are mindful of the failure in March to push through a worldwide ban on trade in bluefin tuna, one of the many species said to be headed for extinction.
Powerful lobbying from Japan and other tuna-consuming countries defeated the proposal at the CITES conference on endangered species in Doha.
But the UNEP’s warning on Monday was that tuna only symbolizes a much vaster catastrophe, threatening economic, as well as environmental upheaval.
One billion people, mostly from poorer countries, rely on fish as their main animal protein source, the UN says.
The Green Economy report estimates there are 35 million people fishing around the world on 20 million boats. About 170 million jobs depend directly or indirectly on the sector, bringing the total web of people financially linked to 520 million.
The UN says 30 percent of fish stocks have already collapsed, meaning they yield less than 10 percent of their former potential, while virtually all fisheries risk running out of commercially viable catches by 2050.
Currently only a quarter of fish stocks — mostly the cheaper, less desirable species — are considered to be in healthy numbers.
The main scourge, the UNEP report says, are government subsidies encouraging ever bigger fishing fleets chasing ever fewer fish, with little attempt made to allow the fish populations to recover.
The annual US$27 billion in government subsidies to fishing, is “perverse,” Sukhdev said.
CRITICAL MOVE: TSMC’s plan to invest another US$100 billion in US chipmaking would boost Taiwan’s competitive edge in the global market, the premier said The government would ensure that the most advanced chipmaking technology stays in Taiwan while assisting Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in investing overseas, the Presidential Office said yesterday. The statement follows a joint announcement by the world’s largest contract chipmaker and US President Donald Trump on Monday that TSMC would invest an additional US$100 billion over the next four years to expand its semiconductor manufacturing operations in the US, which would include construction of three new chip fabrication plants, two advanced packaging facilities, and a research and development center. The government knew about the deal in advance and would assist, Presidential
‘DANGEROUS GAME’: Legislative Yuan budget cuts have already become a point of discussion for Democrats and Republicans in Washington, Elbridge Colby said Taiwan’s fall to China “would be a disaster for American interests” and Taipei must raise defense spending to deter Beijing, US President Donald Trump’s pick to lead Pentagon policy, Elbridge Colby, said on Tuesday during his US Senate confirmation hearing. The nominee for US undersecretary of defense for policy told the Armed Services Committee that Washington needs to motivate Taiwan to avoid a conflict with China and that he is “profoundly disturbed” about its perceived reluctance to raise defense spending closer to 10 percent of GDP. Colby, a China hawk who also served in the Pentagon in Trump’s first team,
SEPARATE: The MAC rebutted Beijing’s claim that Taiwan is China’s province, asserting that UN Resolution 2758 neither mentions Taiwan nor grants the PRC authority over it The “status quo” of democratic Taiwan and autocratic China not belonging to each other has long been recognized by the international community, the Mainland Affairs Council (MAC) said yesterday in its rebuttal of Beijing’s claim that Taiwan can only be represented in the UN as “Taiwan, Province of China.” Chinese Minister of Foreign Affairs Wang Yi (王毅) yesterday at a news conference of the third session at the 14th National People’s Congress said that Taiwan can only be referred to as “Taiwan, Province of China” at the UN. Taiwan is an inseparable part of Chinese territory, which is not only history but
INVESTMENT WATCH: The US activity would not affect the firm’s investment in Taiwan, where 11 production lines would likely be completed this year, C.C. Wei said Investments by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in the US should not be a cause for concern, but rather seen as the moment that the company and Taiwan stepped into the global spotlight, President William Lai (賴清德) told a news conference at the Presidential Office in Taipei yesterday alongside TSMC chairman and chief executive officer C.C. Wei (魏哲家). Wei and US President Donald Trump in Washington on Monday announced plans to invest US$100 billion in the US to build three advanced foundries, two packaging plants, and a research and development center, after Trump threatened to slap tariffs on chips made
RSS