Follow the money

Finance industry has sway to keep illicitly caught seafood out of supply chain

To Fight Illegal Fishing, Follow the Money

Huw Thomas

Seafood is the most valuable traded commodity in the world, registering nearly $150 billion in sales each year. Unfortunately, not all of that product is caught within the law: Illegal and unreported fishing accounts for up to $23.5 billion worth of seafood a year, according to one study—or 1 in 5 wild-caught ocean fish—making it critical that all players in the supply chain work to ensure the legitimacy of the seafood they buy and sell.

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Source: pewtrusts.org

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