Report: Net Worth

Fishing policies that address the twin challenges of the climate and nature emergency as well as economic inequality could transform the UK’s economically beleaguered coastal communities over the next ten years. We estimate that investing £400 million per year in ambitious sustainable fishing initiatives could deliver growth in the seafood industry, create over 14,000 jobs, improve the marketability of UK produce, and benefit tourism, generating £2 billion per year for the UK economy.

A green recovery plan would provide life-changing economic and environmental opportunities for coastal communities. This should be seen as a win-win-win for HM Treasury, our precious natural resources and our marine ecosystems, with economic returns achievable within a remarkably short space of time.