What are fishing rights?
Similar to dividing a pie, rights-based management or fishing rights, also known as "catch share programs" allocates access to a fishing area or a share of a fishery's total catch to a group or an individual. Programs establish appropriate controls on fishing mortality and hold participants accountable. Rights-based management can be administered as area-based or quota-based programs.
Fishing rights can strengthen fishing businesses
Fishermen under rights-based management 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.