FN Archimer Export Format PT J TI Credit Systems for Bycatch and Biodiversity Conservation BT AF Squires, Dale Lent, Rebecca Dutton, Peter H. DAGORN, Laurent Ballance, Lisa T. AS 1:1;2:2;3:1;4:3;5:4; FF 1:;2:;3:;4:;5:; C1 Southwest Fisheries Science Center, U.S. NOAA Fisheries, La Jolla, CA, United States International Whaling Commission, Cambridge, United Kingdom MARBEC, Univ. Montpellier, CNRS, Ifremer, IRD, Sète, France Marine Mammal Institute, Oregon State University, Newport, OR, United States C2 NOAA, USA INTERN WHALING COMM, UK IRD, FRANCE UNIV OREGON STATE, USA UM MARBEC IN WOS Cotutelle UMR DOAJ copubli-europe copubli-int-hors-europe IF 5.247 TC 5 UR https://archimer.ifremer.fr/doc/00696/80853/84477.pdf LA English DT Article DE ;credits;bycatch;habitat impact;conservation;economic incentives;credit systems;property rights AB Credit systems for mitigation of bycatch and habitat impact, incentive-based approaches, incentivize changes in fishery operator behavior and decision-making and allow flexibility in a least-cost method. Three types of credit systems, originally developed to address environmental pollution, are presented and evaluated as currently underutilized incentive-based approaches. The first, a cap-and-trade approach, evolved out of direct regulation through restricted limits with flexibility through the creation of tradeable unused portion of the limit, called credits. The second, a penalty-reward system, incentivizes bycatch- and habit-impact- reducing vessel behavior through rewards for positive behavior, and penalties for negative behavior. The third is a hybrid of the first two. All three systems can be used in the context of both absolute (fixed) and relative (rate-based or proportional) credits. Transferable habitat impact credit systems are developed for area management. The cap-and-trade credit system is directly compared to a comparable property rights system in terms of characteristics, strengths, weakness, and applicability. The Scottish Conservation Scheme and halibut bycatch reduction in the Alaskan multispecies groundfish fishery provide real-world examples of success with credit systems. The strengths, weaknesses, and applicability of credit systems are summarized, along with a set of recommendations. Cap-and-trade credit systems provide an important alternative to property rights, such as when rights are not feasible, and for this reason should prove useful for international fisheries. Penalty-reward and hybrid credit systems can substitute for cap-and-trade credit systems or property rights or complement them by addressing a related but otherwise unaddressed issue. PY 2021 PD MAY SO Frontiers In Marine Science SN 2296-7745 PU Frontiers Media SA VL 8 UT 000656210100001 DI 10.3389/fmars.2021.613279 ID 80853 ER EF