Report
Swimming Upstream: Financial Strategies to Pivot US Fisheries to Sustainability
Published in 2023-02
Commercial fishing is vital to the US economy, contributing billions of dollars annually and supporting millions of jobs. In 2022, the US commercial fishing industry harvested over 8.3 billion pounds of seafood valued at $5.9 billion. Beyond direct harvesting, the industry generated $183.4 billion in sales impacts, $47.2 billion in income, and $74 billion in value-added impacts, supporting 1.6 million jobs across the broader economy. Responsible Alpha provides a summary of options to use sustainable finance to improve U.S. fisheries.