Fisheries are classic common-pool resources. The details of the legal institutions that govern access to fisheries vary around the globe. However, the physical nature of marine fisheries makes them prone to overexploitation. Anyone with a boat and some gear can enter the ocean. Unfortunately, the state of fisheries around the globe seems to indicate that the predictions of that theory are being borne out.
Marine Critical Issues: Case Studies | National Geographic Society
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Maine's Lobster Fishing Community Confronts Their Changing Climate
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Skip to content. The NOAA Marine Debris Program and the National Sea Grant Law Center at the University of Mississippi partnered to assess the transferability of innovative methods for addressing derelict fishing gear and to identify opportunities to prevent gear loss due to vessel interactions. What is the project and why is it important? Derelict fishing gear can damage sensitive habitats, create navigational hazards, entangle marine animals, and continue to trap and kill various marine species including harvestable species a phenomenon called ghost fishing , resulting in lost catch opportunities and financial losses for fishermen.