World Bank Voices
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Thank you for your comment. Like you, we're very concerned about the health of the world's oceans. The amount of damage that overfishing and pollution have done is staggering. That's why we brought together the world's leaders in ocean science, advocacy, policy and use a few weeks ago to begin laying the groundwork for a Global Partnership for Oceans. We'll be working with governments and private industry on better governance and management of ocean and coastal ecosystems that works for everyone. Here's where we stand: In addition to supporting the ban on destructive and illegal fishing practices, The World Bank's PROFISH (Global Program on Fisheries) partnership recommends ending open access to fisheries to increase the health and productivity of the oceans. Rights-based fishing, in the broadest sense, is one solution. From our perspective, rights-based systems range from community allocations to defining marine protected areas. Well-defined rights and responsibilities can strengthen community and traditional fishing access, food security and sustainable income. They provide incentives for responsible, more transparent and forward-looking behavior. Phasing out subsidies is another part of the solution. At the heart of it, we need better governance, including measures to end illegal fishing, which is something the Global Partnership for Oceans will be working on. I encourage you to visit the Global Partnership for Oceans website at for more information.

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