World Bank: Less Fishing Would Yield More Money

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World Bank

According to a new report from the World Bank, less means more – at least when it comes to fishing.

In “Sunken Billions Revisited: Progress and Challenges in Global Marine Fisheries,” researchers with the U.N. Food and Agriculture Organization, the University of Iceland and UC-Santa Barbara have updated a previous World Bank study on the state of the world’s fishing industry, and they have come up with a surprising top-line number: the global economy sustains over $80 billion a year in losses due to less-than-ideal fisheries management.

World Bank: Less Fishing Would Yield More Money