Catch Shares

Catch shares are a fisheries management tool designed to promote sustainable fishing. They allocate a specific portion of the total allowable catch of fish to individual fishermen or fishing companies. This approach gives them a financial incentive to manage fish stocks responsibly, as their income depends on the health of the fish population. By limiting the total catch and ensuring that fishermen have a vested interest in conservation, catch shares aim to prevent overfishing, support healthy ecosystems, and promote long-term profitability in the fishing industry.