Enhancing Decision Making in the Peruvian Anchoveta Fishery
SFG is designing a web-based tool for Peruvian anchoveta fishery stakeholders and managers to evaluate the socio-economic consequences of quota allocations within and between the industrial and artisanal fishing sectors. This interactive model uses biological and economic data to produce insights on the economic outcomes of various quota allocation scenarios. Relevant stakeholders will use the tool to explore the consequences of different management decisions and select policies accordingly.
Though its population has fluctuated over the last 50 years due to overfishing and El Niño events, the Peruvian anchoveta fishery is the largest single-stock fishery in the world, in terms of total catch. Under the current regulatory scheme, the industrial sector is managed using a total allowable catch (TAC) limit. The artisanal sector, on the other hand, has open access to the fishery, but these fishers face strict market regulations and are only allowed to sell products for direct human consumption. Peruvian authorities have acknowledged that the existing regulatory framework is causing problems, including excessive effort levels, a new black market for catch, and reduced fishery profits.
Given the high economic value of the anchoveta fishery and the important role it plays in generating food security and livelihood benefits for Peruvians, managers need a system for evaluating the socio-economic outcomes of alternative regulations and improving the productivity and profitability of the fishery. SFG’s web-based tool gives decision makers the ability to forecast the effects of alternative management policies, including their effects on market prices, job creation, and profits throughout the supply chain. This tool will help managers make more informed decisions and design management interventions that maximize social, economic, and environmental benefits.
SFG is designing a management assessment tool for a web-based platform that is easily accessible and user-friendly. In addition to developing the tool, SFG is providing technical trainings for decision makers and managers who will interpret the tool’s outputs and use them to inform their decisions regarding new policies in the anchoveta fishery.
This project is a collaborative effort between SFG, The Nature Conservancy, and the Peruvian Government’s Ministry of Production.