14 Sep '12, 8am

@theneweconomics

Research published today by the New Economics Foundation ( nef) finds that restoring European fish stocks could generate huge returns on investment. Key Findings: Most overfished stocks could be fully restored within five years, with a few needing four more years Investing £9.16 billion in restoring fish stocks would generate £4.43 billion profit by 2023 After stocks are restored the total value of landings would almost triple, generating £14.62 billion in revenue each year The Return on Investment (ROI) of restoring fish stocks is 148% by 2023 By 2052 the returns are £14 for every £1 invested Years of mismanagement have left the majority of EU fish stocks overfished. A new report, No Catch Investment , from the New Economics Foundation has calculated the costs of restoring fish stocks and found they are far outweighed by the economic benefits in the short and long term. M...

Full article: http://www.neweconomics.org/press-releases/%C2%A314-net-p...

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