Biodiversity Loss in the Ocean: How Bad Is It?

MURAWSKI AND COLLEAGUES STATE THAT OUR assessment of the impacts of global marine biodiversity loss is overly pessimistic. They imply that management interventions are likely to reverse current trends of overfishing, and that the U.S. National Marine Fisheries Service (NMFS) has already met that goal. They cite Georges Bank haddock as an example and contest that catch metrics (as used in our global analysis) are sufficient to track the status of this particular fish stock and possibly others. We agree that precise biomass data are preferable, but these are rarely available. Here, we illustrate that catches are a good proxy of the status of haddock, although there can be a short delay in detecting recovery under intense management. While NMFS’s own data show that full recovery is still uncommon (<5% of overfished stocks) (1), we strongly agree that destructive trends can be turned around and that rebuilding efforts need to be intensified to meet that goal. But we must not miss the forest for the trees: Continuing focus on single, well-assessed, economically viable species will leave most of the ocean’s declining biodiversity under the radar.

Response to Comments on "Impacts of Biodiversity Loss on Ocean Ecosystem Services"

We show that globally declining fisheries catch trends cannot be explained by random processes and are consistent with declining stock abundance trends. Future projections are inherently uncertain but may provide a benchmark against which to assess the effectiveness of conservation measures. Marine reserves and fisheries closures are among those measures and can be equally effective in tropical and temperate areas—but must be combined with catch-, effort-, and gear restrictions to meet global conservation objectives.

Estimating the economic loss of recent North Atlantic fisheries management

It is accepted that world’s fisheries are not generally exploited at their biological or their economic optimum. Most fisheries assessments focus on the biological capacity of fish stocks to respond to harvesting and few have attempted to estimate the economic efficiency at which ecosystems are exploited. The latter is important as fisheries contribute considerably to the economic development of many coastal communities. Here we estimate the overall potential economic rent for the fishing industry in the North Atlantic to be B€ 12.85, compared to current estimated profits of B€ 0.63. The difference between the potential and the net profits obtained from North Atlantic fisheries is therefore B€ 12.22. In order to increase the profits of North Atlantic fisheries to a maximum, total fish biomass would have to be rebuilt to 108 Mt (2.4 times more than present) by reducing current total fishing effort by 53%. Stochastic simulations were undertaken to estimate the uncertainty associated with the aggregate bioeconomic model that we use and we estimate the economic loss NA fisheries in a range of 2.5 and 32 billion of euro. We provide economic justification for maintaining or restoring fish stocks to above their MSY biomass levels. Our conclusions are consistent with similar global scale studies.