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Economic Impacts of Climate Change on Australian Fisheries and Associated Sectors By 2030

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https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/736665459

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Abstract
  • This study investigates the economic impact to fisheries and associated sectors if wild fisheries continue operating to 2030 without considering the effects of climate change. Estimates of climate change impacts in Australian fisheries and their associated probability distributions were derived from the literature and expert consultations. An Input- Output model of the Australian economy was used to determine the flow-on effects of these impacts. Monte Carlo simulations were undertaken on the basis of the associated uncertainties to climate change predictions. The results present a baseline for evaluating the benefits of future climate change adaptations. The results, based upon the best available biological projections, indicate most Australian fisheries considered may in fact see economic benefit as a result of climate change by 2030. Adaptation strategies should consider minimising losses and maximizing the benefits that could be brought by climate change.
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Citation
  • Norman-López, Ana, Sean Pascoe and Alistair Hobday. 2010. Economic Impacts of Climate Change on Australian Fisheries and Associated Sectors By 2030. 12 pages. In: Proceedings of the Fifteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 13-16, 2010, Montpellier, France: Economics of Fish Resources and Aquatic Ecosystems: Balancing Uses, Balancing Costs. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2010.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, Agence Française de Développement, Ministère de l’Enseignement Supérieur et de la Recherche, Ministère de L’Alimentation de L’Agriculture et de la Pêche, Ministère de l’Énergie, du Développement Durable et de la Mer, La Région Languedoc Rouslilon, Département Hérault, Montpellier Agglomèration, The Department of Fisheries and Oceans, Canada, and AquaFish Collaborative Research Support Program (CRSP).
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