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Managing natural resources under large-scale environmental fluctuations like the El Niño Southern Oscillation (ENSO) is likely to become increasingly important under climate change. Forecasts of environmental conditions are improving, but the best response to an unfavorable forecast remains unclear; many practitioners advocate reducing harvest as a more precautionary approach, while prior economic theory favors increasing harvest. Using logistic and age-structured fisheries models, we show that informational constraints — uncertain stock estimates and restrictions on harvest policies — play a central role in choosing how to respond to a forecasted shock. With perfect knowledge and no policy constraints, risk-neutral managers should increase harvest when a negative shock is forecast. However, informational constraints may drive the optimal response to a forecast of a negative shock toward or away from precaution. Precautionary forecast responses arise when informational constraints make the harvest policy insufficiently sensitive to the true resource status. In contrast, uncertainty about the stock size can lead to more aggressive forecast responses when stock dynamics are nonlinear and not all fish are susceptible to fishing.

The world's oceans supply food and livelihood to billions of people, yet species' shifting geographic ranges and changes in productivity arising from climate change are expected to profoundly affect these benefits. We ask how improvements in fishery management can offset the negative consequences of climate change; we find that the answer hinges on the current status of stocks. The poor current status of many stocks combined with potentially maladaptive responses to range shifts could reduce future global fisheries yields and profits even more severely than previous estimates have suggested. However, reforming fisheries in ways that jointly fix current inefficiencies, adapt to fisheries productivity changes, and proactively create effective transboundary institutions could lead to a future with higher profits and yields compared to what is produced today.

International and regional policies aimed at managing ocean ecosystem health need quantitative and comprehensive indices to synthesize information from a variety of sources, consistently measure progress, and communicate with key constituencies and the public. Here we present the second annual global assessment of the Ocean Health Index, reporting current scores and annual changes since 2012, recalculated using updated methods and data based on the best available science, for 221 coastal countries and territories. The Index measures performance of ten societal goals for healthy oceans on a quantitative scale of increasing health from 0 to 100, and combines these scores into a single Index score, for each country and globally. The global Index score improved one point (from 67 to 68), while many country-level Index and goal scores had larger changes. Per-country Index scores ranged from 41-95 and, on average, improved by 0.06 points (range -8 to +12). Globally, average scores increased for individual goals by as much as 6.5 points (coastal economies) and decreased by as much as 1.2 points (natural products). Annual updates of the Index, even when not all input data have been updated, provide valuable information to scientists, policy makers, and resource managers because patterns and trends can emerge from the data that have been updated. Changes of even a few points indicate potential successes (when scores increase) that merit recognition, or concerns (when scores decrease) that may require mitigative action, with changes of more than 10-20 points representing large shifts that deserve greater attention. Goal scores showed remarkably little covariance across regions, indicating low redundancy in the Index, such that each goal delivers information about a different facet of ocean health. Together these scores provide a snapshot of global ocean health and suggest where countries have made progress and where a need for further improvement exists.