Nereus is a cooperation between The Nippon Foundation and The University of British Columbia, that develops scientific capability for predictions of how the future seafood production may be. The program builds on international networking of scientists to communicate and bring about change to how we exploit the oceans in order for our children and grandchildren to enjoy seafood and experience a healthy ocean.

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Objective
Raja Ampat, in Eastern Indonesia, boasts the highest coral reef biodiversity in the world, and is therefore an important area not only for fishing and tourism, but also for conservation. In an effort to understand this ecosystem, development of an ecosystem based management (EBM) framework was initiated by Conservation International, The Nature Conservancy, and World Wildlife Fund. The economic component of this project was our particular focus. Specifically, our objective was to look at the economics of unregulated and illegal fishing in Raja Ampat. An unregulated anchovy fishery and the illegal use of dynamite and explosives in the region were studied.

Objectives:
The general objective of this research is to examine the profitability of salmon aquaculture operations by highlighting the economic impacts of disease problems on aquaculture producers and wild salmon fisheries. Salmon aquaculture in British Columbia (BC) will be used as a case study, and sea lice will be used as a representative disease. The specific objectives are:

1. To examine the profitability of salmon aquaculture operation under “normal” conditions;
2. To estimate the economic costs of disease to salmon farmers;
3. To examine if disease has economic impacts on wild salmon fisheries; if it does, then examine what the economic impacts will be;
4. To explore the profitability of salmon aquaculture operation when economic impacts of disease are internalized.

Major Research Questions:
1. How much better could the management of Fraser River sockeye have been, in terms of several different objectives, given what we now know about stock-recruitment dynamics?
2. Given uncertainty about the underlying biology of the system, what are the likely economic implications of different management approaches that might be implemented?

Objective:
1. Characterize and describe the ecological, social, and economic aspects of south Banggi’s artisanal reef fisheries;
2. Assess the sustainability of south Banggi’s reef fisheries;
3. Explore the fishery effects of potential management strategies, and identify a feasible strategy, or strategies, that will contribute to the long-term ecological and socio-economic sustainability of Banggi’s reef fisheries.

Project objectives

The specific objective of project LMR/CF/03/07 is to determine the optimal harvesting ratio between trawled and longlined hake in order to extract maximum socio-economic value from these resources, and at the same time ensure long-term sustainability of hake stocks in the BCLME.

Objective:
The primary goal of this project is to provide an estimate of the value of US marine ecosystems. The project will generate scientific information to assist society in evaluating the ecological, economic and social tradeoffs, and consequences under different marine ecosystem policy scenarios.

Objective:
To explore the potential costs and benefits of introducing sablefish farming in BC.

Objective:
To determine the costs and benefits, both social and monetary from a fishers’ perspective associated with IUU fishing.

Objective:
To compile a database of fish prices for all species from around the world, starting in 1950.