What is a catch share?
Similar to dividing a pie, a catch share program allocates a secure area or privilege to harvest a share of a fishery's total catch to an individual or group. Programs establish appropriate controls on fishing mortality and hold participants accountable. Catch shares can be administered as quota-based or area-based programs.
Catch shares can strengthen fishing businesses
Fishermen under catch shares benefit from greater economic stability, higher earnings and the opportunity to build more successful fishing businesses. These systems outperform conventional management systems across the board.