Industry News

COVID-19 and the impacts on our tuna industry.

Opinion: Sustainable Tourism and Fisheries Key to Growth in Post-COVID Pacific

By: Armida Salsiah Alisjahbana

Armida Salsiah Alisjahbana is United Nations Under-Secretary-General and Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific

BANGKOK, Thailand, Jun 30 2020 (IPS) - Developing countries of Asia and the Pacific are experiencing unbalanced tolls of the COVID-19 pandemic. Grim milestones in infections and deaths have left countless devastated. Yet, we must look at the economic and social impacts in small island developing States (SIDS), where setbacks are likely to undo years of development gains and push many people back into poverty.

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The severe impact of COVID-19 on these economies is also a result of heavy reliance on fisheries, which represent a main source of SIDS’ marine wealth and bring much-needed public revenues. The COVID-19 pandemic crisis will jeopardize these income streams as a result of a slowdown in fisheries activity. However, it is important to note that the COVID-19 pandemic may also create a small window for stocks to recover if it leads to a global slowdown of the commercial fishing industry.


Report: World Economic Forum calls for "nature-positive" aquaculture

The global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and businesses look to stimulate growth, a new study from the World Economic Forum found that ‘nature-positive’ solutions can create 395 million jobs by 2030.

The Future of Nature and Business Report provides blueprints for businesses to tap into a $10.1 trillion business opportunity, focusing on industry actions that are nature-positive, meaning that they add value to nature. The publication is the second installment in its New Nature Economy Report (NNER) series following January 2020’s Nature Risk Rising, which estimated that over half the world’s GDP – some $44 trillion of economic value – is at risk due to businesses’ reliance on dwindling planetary resources.

The report identifies three key socio-economic systems - including food production - collectively representing over one-third of the global economy, which pose the greatest threat to biodiversity – and provides a blueprint for business to generate up to $10.1 trillion and 395 million jobs by 2030, by pointing to 15 systemic, "nature-positive transitions" including embracing regenerative agricultural practices and reducing urban sprawl.


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Article: 5 ways the ocean can contribute to a green post-COVID recovery




Emerging COVID-19 impacts, responses, and lessons for building resilience in the seafood system.



The COVID-19 pandemic and subsequent lockdowns are creating health and economic crises that threaten food and nutrition security. The seafood sector provides important sources of employment and nutrition, especially in low-income countries, and is highly globalized, allowing shocks to propagate internationally. We use a resilience ‘action cycle’ framework to study the first five months of COVID-19-related disruptions, impacts, and responses to the seafood sector. Looking across high- and low-income countries, we find that some supply chains, market segments, companies, small-scale actors and civil society have shown initial signs of greater resilience than others. For example, frozen Ecuadorian shrimp and Chinese tilapia exports were diverted to alternative markets, while live-fresh supply chains were more impacted. COVID-19 has also highlighted the vulnerability of certain groups working in- or dependent on the seafood sector. We discuss early coping and adaptive responses, combined with lessons from past shocks, that could be considered when building resilience in the sector.


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