Catch of the Week
Report on the State of the Coral Triangle Launched at CTI-CFF Ministerial Meeting in Manado, Indonesia

Report on the State of the Coral Triangle Launched at CTI-CFF Ministerial Meeting in Manado, Indonesia

Catch of the Week

The Asian Development Bank (ADB) launched two new publications that identify key issues decision-makers must address if sustainable development of the Coral Triangle’s coastal and marine resources is to be achieved.

Consisting of a Regional State of the Coral Triangle report, with six corresponding country-level State of the Coral Triangle reports, the report summarizes each country’s biophysical and socioeconomic characteristics, as well as their institutional framework for governing marine resource use.

This helps identify the drivers of the environmental pressures that threaten sustainable development of the Coral Triangle’s marine resources.

The second publication, a study on the Economics of Fisheries and Aquaculture in the Coral Triangle, indicates that the region contributes about 10% of the global fisheries food supply, with 4.6 million people directly employed in the sector, and an annual production value of more than $10 billion. Weak governance, poverty, and environmental degradation are placing these jobs and income at risk, and highlight the need for greater regional cooperation and investments in maintaining healthy and productive ecosystems.

The two publications were launched on 15 May at the CTI-CFF Ministerial Meeting during the World Coral Reefs Conference, held in Manado, Indonesia.

 

Go to the six country-level State of the Coral Triangle Reports:

State of the Coral Triangle: Indonesia

This report assesses Indonesia’s coastal ecosystems, particularly their exploited resources. It describes the threats to these ecosystems, and explains the country’s plans to ensure their future sustainable use.

State of the Coral Triangle: Malaysia

This report assesses Malaysia’s coastal ecosystems and summarizes the country’s plans in rehabilitating marine protected areas, protecting threatened and endangered species, adapting to the negative impacts of climate change, and responding to the need for financially sustainable, community-based initiatives.

State of the Coral Triangle: Papua New Guinea

This report describes the biophysical characteristics of Papua New Guinea’s coastal and marine ecosystems, how they are being exploited, the framework in place that governs their use, the socioeconomic characteristics of the communities that use them, and the environmental threats posed by the manner in which they are being used.

State of the Coral Triangle: Philippines

This report describes the biophysical characteristics of the Philippines’ marine and coastal ecosystems, their governance as per the terms of the prevailing legal and policy framework, and the institutional arrangements for ensuring compliance with the provisions of that framework.

State of the Coral Triangle: Solomon Islands

This report summarizes all readily available information concerning Solomon Islands coral reefs and marine resources.

State of the Coral Triangle: Timor-Leste

This report describes the biophysical characteristics of Timor-Leste’s marine and coastal ecosystems, their governance under the prevailing legal and policy framework, and the institutional arrangements for ensuring compliance with the provisions of that framework.

 

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Regional State of the Coral Triangle Report – Coral Triangle Marine Resources: Their Status, Economies, and Management

Regional State of the Coral Triangle Report - Coral Triangle Marine Resources: Their Status, Economies, and Management

Regional State of the Coral Triangle Report – Coral Triangle Marine Resources: Their Status, Economies, and Management

The Regional State of the Coral Triangle report, subtitled Coral Triangle Marine Resources: Their Status, Economies, and Management, also formulate a monitoring and evaluation system for gauging the success of the six Coral Triangle Initiative member countries in achieving sustainable marine resource management, both individually and collectively.

The first report of its type, it provides baseline data against which sustainable development can be measured. The countries that make up this ecologically diverse area—Indonesia, Malaysia, the Philippines, Papua New Guinea, Solomon Islands, and Timor-Leste—have committed to maintain the ecological integrity of coral reefs and the marine species that inhabit them, and improve the affordability, availability, quality, and safety of food they provide.
This report describes their plan for achieving these objectives, which also requires addressing population growth, the demand for fish, and the pace of coastal development in the Coral Triangle.

Economics of Fisheries and Aquaculture in the Coral Triangle

Economics of Fisheries and Aquaculture in the Coral Triangle

Economics of Fisheries and Aquaculture in the Coral Triangle

Marine resources in the Coral Triangle provide food, income, and jobs to its more than 350 million residents. However, the countries bordering this species-rich area—Indonesia, Malaysia, the Philippines, Papua New Guinea, Solomon Islands, and Timor-Leste—share closer links in their ecology than in their economy. Case studies explore the potential benefits of integrating these countries’ small-scale fisheries into global markets by developing opportunities for market differentiation, ensuring equitable distribution of benefits across the supply chain, and lastly, recognizing fisheries values beyond those measurable by national income accounts.

This is the first report of its kind that consolidates primary and secondary information on fisheries and aquaculture using a regional lens and analytical tools from economics. It aims to inform actions and policy discourse in the implementation of the CTI regional plan of action and the national plans of action of the six Coral Triangle countries comprising Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands, and Timor-Leste. New knowledge was derived through primary data collection and existing knowledge was organized and analyzed from a regional perspective using an economic lens. The report concludes with a regional call to action.

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