CMF, Changing Markets Foundation (2019) Fishing for catastrophe: How global aquaculture supply chains are leading to the destruction of wild fish stocks and depriving people of food in India, Vietnam and the Gambia. Changing Markets Foundation (CMF), Netherlands.
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Based on findings from undercover investigations in Vietnam, India and The Gambia, this report presents damning evidence that the production of fishmeal and fish oil (FMFO) for use in the growing global aquaculture industry is destroying fish stocks, marine ecosystems and traditional livelihoods as well as undermining the food security of vulnerable communities. Our findings reveal that demand for FMFO is fuelling overfishing, exacerbating other pressures on wild fish stocks such as climate change, and that the species being taken to produce FMFO are often food grade fish Through in-depth supply chain research we trace the tainted supply of FMFO from fishery to farm to fork, implicating some of Europe’s biggest retailers, as well as the world’s largest aquafeed producers. With over 50% of the seafood we consume coming from aquaculture, a figure predicted to rise to 60% by 2030, the pressure on wild fish stocks to feed farmed species is growing. Against this backdrop, the report analyses the risks that irresponsible sourcing of feed raises for companies throughout aquaculture supply chains. It finds that the sector’s continued dependence on wild fish for use in aquafeed represents a systemic threat for companies, with FMFO and aquafeed producers being particularly vulnerable. Through their increasing reliance on farmed seafood fed using FMFO, other sectors – such as seafood processing and retail – are also exposed to these risks, which include disruption of supply, rising costs of raw materials and reputational damage.
| Item Type: | Documents |
|---|---|
| Keywords: | Aquaculture, Supply Chain, Fish Stock, India, Vietnam, Gambia, Fish Meal and Fish Oil (FMFO), Vulnerability, Overfishing, Aqua Feed, Food Processing |
| Subjects: | Aquaculture |
| Depositing User: | Chitti Babu ICSF |
| Date Deposited: | 23 Dec 2021 06:41 |
| Last Modified: | 23 Dec 2021 06:41 |
| URI: | http://icsfarchives.net/id/eprint/6034 |
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