This article examines the current domestic and international legal framework that provides protections against the effects of IUU fishing as well as the social, economic, and environmental effects of those activities. Domestically, this article examines the Magnuson-Stevens Act for its lack of efficacy in managing IUU fishing in US-controlled waters. Internationally, this article examines a variety of UN resolutions and treaties that seek to manage this crisis but have a minimal effect. Additionally, this article proposes various ways policies could be amended or adopted to best serve the communities that are most impacted by the effects of IUU fishing. Finally, this article looks at the role of corporations in incorporating supply chain transparency and traceability initiatives to minimize supply chain disruptions and reputational risk impacts because of IUU activities through their suppliers.
Hunter F. Donovan,
The Role of Corporations in Solving the Illegal, Unregulated, and Unreported (IUU) Fishing Crisis,
Ocean & Coastal L.J.
Available at: https://digitalcommons.mainelaw.maine.edu/oclj/vol28/iss1/7