# Global Fisheries’ Sunken Billions

> A World Bank report estimates that overfishing causes global marine fisheries to forgo about $83 billion a year compared with an optimal scenario, based on 2012 data. The report is an update of a 2009 study and highlights fisheries reform as a way to restore stock levels.

- Date: 2017-02-17 · published 2017-02-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/72407-global-fisheries-sunken-billions
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The report is a long-term policy analysis with no immediate effect on feed ingredient supply or prices. Stock recovery could raise fishmeal supply over time.

## Sources

- worldbank.org: https://www.worldbank.org/en/news/feature/2017/02/14/global-fisheries-sunken-billions

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.