Projects per year
Abstract
Current national statistics do not capture the true value of Myanmar’s hilsa fisheries. As a result, investment in the sustainable and inclusive management of its artisanal hilsa fisheries is limited. This study estimates the economic
value of artisanal hilsa fisheries in Myanmar, using artisanal income data to estimate use value and a benefit transfer to estimate non-use value. Over ten years, implementing an incentive scheme that compensates artisanal fishers for
compliance with new fishing regulations could yield a net benefit of between US$790 million and US$1.1 billion, with benefits outweighing costs by up to nine times. These benefits include an annual 5% increase in the income of artisanal fishers and maintenance of the existence value placed on hilsa by the wider population. Although this is a rough approximation of benefits compared with costs, it clearly demonstrates that an incentive scheme would be an
economically beneficial management option.
value of artisanal hilsa fisheries in Myanmar, using artisanal income data to estimate use value and a benefit transfer to estimate non-use value. Over ten years, implementing an incentive scheme that compensates artisanal fishers for
compliance with new fishing regulations could yield a net benefit of between US$790 million and US$1.1 billion, with benefits outweighing costs by up to nine times. These benefits include an annual 5% increase in the income of artisanal fishers and maintenance of the existence value placed on hilsa by the wider population. Although this is a rough approximation of benefits compared with costs, it clearly demonstrates that an incentive scheme would be an
economically beneficial management option.
| Original language | English |
|---|---|
| Place of Publication | London |
| Publisher | IIED |
| Number of pages | 28 |
| ISBN (Print) | 978-1-78431-829-1 |
| Publication status | Print publication - 22 Sept 2020 |
Publication series
| Name | IIED Working Paper |
|---|---|
| Publisher | IIED, London |
Keywords
- Sustainable fisheries; economic incentives; Myanmar; marine conservation; hilsa
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Dive into the research topics of 'Myanmar’s artisanal hilsa fisheries - How much are they really worth?'. Together they form a unique fingerprint.Projects
- 1 Finished
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Carrots and Sticks: incentives to conserve Hilsa fish in Myanmar
Glenk, K. (PI) & Novo, P. (CoI)
5/02/19 → 30/09/19
Project: Research
Research output
- 1 Working paper
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Informing incentive-based management of hilsa fish in Myanmar: Results of a choice experiment
Glenk, K., Novo, P., Khaing, W. W., Lwin, W. W., Burcham, L., Mohammed, E. Y., Soe, K. M., Akester, M., Bladon, A. & Merayo, E., 1 Mar 2020, London: IIED, 36 p.Research output: Working paper/Preprint › Working paper
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