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VideoFebruary 14, 2017

In Peru, Fishing Less Anchoveta Pays Off

Peru is home to one of the world¡¯s largest single stock fishery ¨C the anchoveta ¨C a species related to anchovy used in fishmeal for livestock and aquaculture around the world. Its harvest touches many lives. Reform of the anchoveta fisheries, supported by the аIJʿª½± starting in 2009, put a break on overfishing which was threatening the viability of a crucial resource. In the process, some fishermen like Jose Luis lost their jobs and had to strike a new path. Today, the reform has resulted in a more sustainable, resilient and profitable industry but Peru still faces challenges when it comes to regulating other types of fishing.