Coral reefs are globally valued for their high biodiversity. For millions of people, they are a productive source of food. An average Indonesian gets almost 60 per cent of its animal protein from fish, while in Pacific island countries this figure is between 50 to 90 per cent.
However, coral reef fisheries are expected to decline with climate change and other human caused disturbances.
In the new study, a higher sensitivity indicates that a country is highly dependent on coral reef fisheries for human protein sources, and is already close to or below the minimum protein consumption level, while capacity to adapt is the potential to respond to changes in the contribution of reef fisheries to the food system.
They found that Indonesia is the most vulnerable because of the combined effects of man-made disturbance and very high sensitivity. Liberia, the second most vulnerable, has very high sensitivity to coral reef fisheries decline and the lowest level of adaptive capacity. Kenya, Ivory Coast and the Philippines complete the top five most vulnerable.
"These [vulnerable] countries are priorities for developing adaptation actions before the effects of climate change undermine their ability to feed themselves," said the study's co-author Tim McClanahan of the Wildlife Conservation Society.
On the other end of the scale, Malaysia is the least vulnerable because of its high adaptive capacity relative to its levels of exposure and sensitivity, followed by Sri Lanka.
The study identified two common types of vulnerability categories: low income countries with low adaptive capacity, and middle-income countries with higher adaptive capacity but also high sensitivity. The study points to the need for to policies to build adaptive capacity in low-income countries, and to decrease sensitivity in middle-income countries.
McClanahan warned that some countries will have enough capacity to adapt — while others will not.
"Making [countries] realise this early will save considerable human suffering in the future," he said.
The authors say the results of the study should be a wake-up call for nations to begin enacting policies to promote alternative protein sources, either through land-based means such as growing beans and poultry farming, or increased aquaculture.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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