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One of the most important goals in current fisheries management is to maintain or restore stocks above levels that can produce the maximum sustainable yield (MSY). However, it may not be feasible to achieve MSY simultaneously for multiple species because of trade-offs that result from interactions between species, mixed fisheries and the multiple objectives of stakeholders. The premise in this study is that MSY is a concept that needs adaptation, not wholesale replacement. The approach chosen to identify trade-offs and stakeholder preferences involved a process of consulting and discussing options with stakeholders as well as scenario modelling with bio-economic and multi-species models. It is difficult to intuitively anticipate the consequences of complex trade-offs and it is also complicated to address them from a political point of view. However, scenario modelling showed that the current approach of treating each stock separately and ignoring trade-offs may result in unacceptable ecosystem, economic or social effects in North Sea fisheries. Setting F MSY as a management target without any flexibility for compromises may lead to disappointment for some of the stakeholders. To treat F MSY no longer as a point estimate but rather as a “Pretty Good Yield” within sustainable ranges was seen as a promising way forward to avoid unacceptable outcomes when trying to fish all stocks simultaneously at F MSY . This study gives insights on how inclusive governance can help to reach consensus in difficult political processes, and how science can be used to make informed decisions inside a multi-dimensional trade-off space. [ABSTRACT FROM AUTHOR]

Abstract: The performance of the EU long-term management plan for cod stocks, in force since 2009, is analysed focusing on the human and institutional factors. The plan operates through landings quotas (TACs) and effort restrictions following a Harvest Control Rule, and deploys a novel instrument allowing Member States to ‘buy back’ or increase fishing effort for fleet segments engaged in cod-avoidance measures. The stipulated fishing mortality reductions have not been achieved. On the positive side, the ‘buy-back’ instrument has led to increased uptake of selective gear and implementation of permanent and real-time temporary closures. On the negative side, ignoring the dimension of fishers as reactive agents in the design, the impact assessment, and the annual implementation of the measures has contributed to the failure to adequately implement the plan and achieve its objectives. The main problem is that the landings quotas taken in a mixed fishery did not limit catches because fishers were incentivised to continue fishing and discard overquota catch while quota for other species was available. The effort limitations intended to reduce this effect were insufficient to adequately limit fishing mortality in targeted fisheries, although fishers experienced them as prohibiting the full uptake of other quotas. Recommendations for future plans include (i) management through catch rather than landings quotas, (ii) the internalisation of the costs of exceeding quotas, (iii) use of more selective gear types, (iv) the development of appropriate metrics as a basis for regulatory measures and for evaluations, (v) participatory governance, (vi) fishery-based management, (vii) flexibility in fishing strategy at vessel level. [Copyright &y& Elsevier]

Abstract: The Eastern Baltic cod stock was until recently below safe biological limits and suffered from high fishing pressure. In most recent years, fishing mortality substantially declined and spawner biomass more than tripled. Similar developments have not been observed for any other depleted cod stock in the North Atlantic during the last few decades. This paper investigates relative impacts of changes in different ecological and management-related drivers, which could have contributed to the rapid recovery of the Eastern Baltic cod. The results show that the success to reduce fishing mortality below management target in 2008 was due to a combination of increased recruitment and improved compliance with TAC. The reversal of the negative trend in biomass and rebuilding of the stock to the present level were largely driven by increased recruitment. Harvest control rules of the multi-annual management plan for setting TACs currently maintain the fishing mortality at a low level, which allows the stock to accumulate biomass and further accelerate its recovery. Relatively strong incoming year-classes and recently better control over removals distinguish the Eastern Baltic cod from other depleted European cod stocks, which have not shown similar positive trends in recent years. Sound management measures and compliance to those as well as favourable biological conditions are required for a successful stock recovery. [Copyright &y& Elsevier]