Volume 69
Antigua and Barbuda Fish Aggregating Device Co-management Cost Benefit Analysis
Authors
Simon, H., M. Tamura, M. Ishida, and H. Jamie Download PDF Open PDF in BrowserOther Information
Date: November, 2016
Pages: 401
Event: Proceedings of the Sixty eigth Annual Gulf and Caribbean Fisheries Institute
City: Grand Cayman
Country: Cayman Islands
Abstract
A cost and benefit analysis was conducted on Fish Aggregating Device (FAD) co-management in Antigua and Barbuda waters for the first three years of the Caribbean Fisheries Co-management Project (CARIFICO). The FAD introduction and co-management program is a collaborative effort between the Fishers and the Fisheries Division in six Organization of East-ern Caribbean States (OECS) countries with Support from CARIFICO through the Japan International Cooperation Agency (JICA). The objectives of the study were to: 1) calculate the ideal FAD licence/user fee for the local resource users; 2) es-tablish the average annual cost of FADs set in the waters around Antigua and Barbuda; and 3) make a determination on the economical sustainability of the FAD fishery beyond the CARIFICO project.