Fishing regulation limiting people's allowances to fish
Individual fishing quotas (IFQs), also known as "individual transferable quotas" (ITQs), are one kind of catch share, a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries (generally, a single species in a single fishing ground) around the world had adopted some variant of this approach,[1] along with approximately 100 smaller fisheries in individual countries. Approximately 10% of the marine harvest was managed by ITQs as of 2008.[2]: 218 The first countries to adopt individual fishing quotas were the Netherlands, Iceland and Canada in the late 1970s, and the most recent is the United States Scallop General Category IFQ Program in 2010.[3] The first country to adopt individual transferable quotas as a national policy was New Zealand in 1986.[4]
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^Lock, Kelly (Motu Economic and Public Policy Research Trust), Leslie, Stefan (Ministry of Fisheries (New Zealand)) (April 2007). "New Zealand's Quota Management System: A History of the First 20 Years". Motu Working Paper No. 07-02. Social Science Research Network. SSRN 978115. {{cite journal}}: |author= has generic name (help)CS1 maint: multiple names: authors list (link)
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Individualfishingquotas (IFQs), also known as "individual transferable quotas" (ITQs), are one kind of catch share, a means by which many governments...
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culling Shark finning Sustainable seafood Marine debris Individualfishingquota Destructive fishing practices Books: The End of the Line: How Overfishing...
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window. Under the new IndividualFishingQuota (IFQ) system, established owners, such as those shown on the series, have been given quotas that they can fill...
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