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Fisheries local action strategy projects in the US Virgin Islands : progress and direction : final report
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    "Coral reefs and fisheries resources are facing major devastation globally by myriad anthropogenic and natural factors, including land-based sources of pollution (LBSP), unsustainable fishing practices climate change. Over the past decades, with global advancements in science and technology, fishing practices and methodologies have also advance with pursuit of efficiency and cost-effectiveness for fishers. However, this has led to severe overfishing and reduction in fish stocks worldwide. The United States Virgin Islands (USVI) coral reef ecosystems and the communities that are dependent upond them, are no strangers to this global 'tragedy of the commons.' As a result, like many other small fishing communities in the world, the USVI fishing community has experienced economic downturn in response to the current global recession. A recent economic evaluation of coral reefs in the USVI has found their dollar value to be approximately $200 million (van Beukering, et al, 2011). This total economic value (TEV) is constituted by the goods and services measured by dollar value that contributed to the TEV included: (1) coral reef-associated tourism, (2) reef-associated fisheries, (3) amenity or reef-associated suprlus value on real eastate, (4) physical coastal protection, (5) reef-associated recreational and cultural values and (6) research and education value. Ultimately, sustainability and resilience of coral reef ecosystems and their goods and services in the USVI is directly related to the sustainability of USVI culture and economy. Thus, in the past decade, local and federal resource managers have been working together to address coral reef management and conservation issues, globally, regionally and locally in the USVI. The purpose of this document is to summarize these efforts as they relate to fishing impacts and the progression of fisheries management local action strategies (LAS) in the Virgin Islands"--Introduction (Page 9).

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