RPA Reef Product Alliance
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Transcript of RPA Reef Product Alliance
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RPAReef Product Alliance
• Investment fund for the marine ornamentals and mariculture industries
• Make investments to build sustainable infrastructure in the industry
• Provide quality analysis and technical assistance to ensure projects meet ongoing conservation and social goals
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Types Of Destructive Reef Fishing
• Dynamite fishing
• Food cyanide fishing
• Aquarium cyanide fishing
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Likelihood of Coral Reef Collapse
5
36
48
11
0
10
20
30
40
50
Under little threat
Within 20-40 yrs
Within 20 yrs
Collapsed
%
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Therefore Unless Things Change...
•Regulatory risk
•Market risk
•Resource risk
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USA
International Charge of
Executive Order 13089
Sec.5 (d)
”...shall assess the U.S. role in international
trade... and implement appropriate strategies
and actions to promote conservation and
sustainable use of coral reef resources
worldwide...”
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International
Convention on International Trade of Endangered Species (CITES)
Appendix II
Regulates trade in species not threatened with extinction but which may become threatened if trade goes unregulated.
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Philippines
Fisheries Code 1998SEC 88: Fishing Through Explosives, Noxious or
Poisonous Substance, and/or Electricity
(2) Mere possession of explosive, noxious or poisonous substances…for illegal fishing shall be punishable by imprisonment ranging from six (6) months to two (2) years.
(3) Actual use of explosives, noxious or poisonous substances...for illegal fishing shall be punishable by imprisonment ranging from five (5) years to ten (10) years...
(4) Dealing in, selling, or in any manner disposing of, for profit, illegally caught/gathered fisheries species shall be punished by imprisonment ranging from six (6) months to two (2) years.
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Market Risk
• 49% of retailers report customer concerns about environmental issues
• 96% of retailers are interested in learning more about the environmental impacts
• 89% of retailers are willing to pass this information onto their customers
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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Collector
Middleman
Exporter
Importer
Retai ler
Hobbyist
Chain of Custody
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What Needs to Happen?
•Control the supply through harvest and handling
•Update infrastructure
•Develop science behind sustainable fishing
•Meet MAC certification
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What is the Value of Integration?
•Improved mortality
•Better species mix
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Value of Integration• Reduce mortality
by 30%• Profit rises by
51% in the 1st year
0
50
100
150
200
250
300
350
non-integrated integrated
Profit in '000 US$
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• Improved species mix
0
20
40
60
80
100
120
140
160
non-integrated integrated
Profit in '000 US$
• Profit rises by ~121%
Value of Integration
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•30 km2 of reef as an exclusive fishing area per collector station
•Fisheries management plan in place
•Monitoring protocol in place
•Enforcement program in place
Requirements for Species Mix
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What Needs to Happen?
Investment
Monitoring
Certification
Industry Transformatio
n