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Will third party certification provide benefits to Australian domestic fisheries?

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Abstract
  • Some export fisheries in Australia have opted for third party certification to gain or maintain access to export markets. For domestic fisheries, the economic and management benefits of third party certification have yet to be fully demonstrated. However, as a response to community perceptions, competition with other users of the coastal zone and potential closure, many of the fisheries which supply domestic markets need to demonstrate they are, or are transitioning, to being sustainable and responsibly managed. This paper discusses the broader issues of the need for third party certification under a robust regulatory environment including the assessment of environmental performance of fisheries and promotion of ecologically sustainable fisheries management under the 1999 Environment and Biodiversity Protection and Conservation Act. To address these issues, research is currently being undertaken to assess whether existing third party certification schemes are appropriate for Australian domestic fisheries or whether there is a need for alternative approaches. Benefits would not only need to be demonstrated to all actors in the supply chain but in particular to the catching sector which often pays for fisheries management, including certification information needs, under either fully or partially cost recovery regimes.
  • Keywords: Markets: Preferences and Prices, Fisheries Economics, Markets and Trade
  • Keywords: Markets: Preferences and Prices, Fisheries Economics, Markets and Trade
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  • Sen, Sevaly. 2014. Will third party certification provide benefits to Australian domestic fisheries? In: Towards ecosystem based management of fisheries: what role can economics play?: Proceedings of the Seventeenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 7-11, 2014, Brisbane, Australia. Complied by Ann L. Shriver & Melissa Errend. Corvallis, OR: International Institute of Fisheries.
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  • Fisheries Research & Development Corporation, World Wildlife Fund, MG Kailis Group, AquaFish Innovation Lab, NOAA Fisheries, The European Association of Fisheries Economists, Japan International Fisheries Research Society, United Nations University, NORAD
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