Coping Strategies to Deal with Environmental Variability and Extreme Climatic Events in the Peruvian Anchovy Fishery
The Peruvian anchovy fishery is the largest worldwide in terms of catches. The fishery started during the mid 1950s, and since then it has been highly dependent on natural stock fluctuations, due to the sensitivity of anchovy stocks to ocean-climate variability. The main driver of anchovy stock variability is the El Niño Southern Oscillation (ENSO), and three extreme ENSO warm events were recorded in 1972–1973, 1983–1984 and 1997–1998. This study investigates the evolution of coping strategies developed by the anchovy fisheries to deal with climate variability and extreme ENSO events. Results showed eight coping strategies to reduce impacts on the fishery. These included: decentralized installation of anchovy processing factories; simultaneous ownership of fishing fleet and processing factories; use of low-cost unloading facilities; opportunistic utilization of invading fish populations; low cost intensive monitoring; rapid flexible management; reduction of fishmeal price uncertainty through controlled production based on market demand; and decoupling of fishmeal prices from those of other protein-rich feed substitutes like soybean. This research shows that there are concrete lessons to be learned from successful adaptations to cope with climate change-related extreme climatic events that impact the supply of natural resources. The lessons can contribute to improved policies for coping with climate change in the commercial fishery sector.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Anonymous & Tsukayama, I., 1987. "The Peruvian anchoveta and its upwelling ecosystem: three decades of change," Technical Reports 44683, Worldfish Center.
- Aguero, M. & Gonzalez, E., 1996. "Managing Transboundary Stocks of Small Pelagic Fish," World Bank - Discussion Papers 329, World Bank.
- Pauly, D. & Tsukayama, I. (eds.), 1987. "The Peruvian anchoveta and its upwelling ecosystem: three decades of change," Working Papers, The WorldFish Center, number 663, July.
- Smetherman, Bobbie B & Smetherman, Robert M, 1973. "Peruvian Fisheries: Conservation and Development," Economic Development and Cultural Change, University of Chicago Press, vol. 21(2), pages 338-51, January.
- Thorpe, Andy & Ibarra, Alonso Aguilar & Reid, Chris, 2000. "The New Economic Model and Marine Fisheries Development in Latin America," World Development, Elsevier, vol. 28(9), pages 1689-1702, September.
- Frank Asche & Sigbjørn Tveter�s, 2004. "On the Relationship Between Aquaculture and Reduction Fisheries," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(2), pages 245-265.
- Kristofersson, Dadi & Anderson, James L., 2006. "Is there a relationship between fisheries and farming? Interdependence of fisheries, animal production and aquaculture," Marine Policy, Elsevier, vol. 30(6), pages 721-725, November.
When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:3:y:2011:i:6:p:823-846:d:12796. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.