Sasan Rashtipour on Unsplash
The big blue: financing sustainable seafood
Jouffray, JP., et al., Principles for Responsible Investment Fisheries & Aquaculture
Since the 1960s, aquaculture has been the world’s fastest-growing food sector. Rates of fish consumption have increased twice as rapidly as population growth, and fish has become one of the most traded food commodities. In 2018, global fish production reached an all-time high of 179 million tonnes, supplying vital proteins and micronutrients to billions of people.
But this is not unproblematic. The percentage of fish stocks that are within biologically sustainable levels have decreased from 90% in 1974 to 66% today, and the sector is plagued with unsustainable practices, ranging from illegal fishing and habitat destruction to overuse of antibiotics and forced labour.
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