Regional cooperation among three countries — Bangladesh, India and Myanmar that makes up the Bay of Bengal – can boost hilsa reserve in the Bay, says a study of London-based International Institute for Environment and Development. The research focuses on hilsa and a scheme, implemented by the Bangladesh government, to compensate fishing communities that act to conserve the threatened species.
The scheme is a rare example of ‘payments for ecosystem services’ from a fishery.
Most PES schemes focus on paying people who protect forests because of the benefits this brings to downstream water users.
The study says the pioneering scheme that could boost the reserve of a fish that feeds millions of people in Bangladesh, India and Myanmar may be a model for other fisheries, but would be more effective if it changed in another four ways.
-With UNB/New Age input
