Evaluating the Basic Elements of Transparency of Regional Fisheries Management Organizations

A new study in the journal Marine Policy examines, for the first time, the transparency of international fisheries management organisations operating on the high seas. Transparency is broadly recognized as an essential component of sustainable development and good governance, especially with regard to the management of natural resources. In order to develop a more secure investment environment and provide the public with knowledge of natural resource rents received by their governments, terrestrially-based standards such as the Extractive Industries Transparency Initiative have been established to ensure greater fiscal transparency. The results that emerged from the study are mixed, highlighting a number of good and also weak practices.