- Active project
Upholding the value of pāua quota
Exploring what pāua fishery investors (quota owners, divers, processors etc) need to know to have the confidence to invest; and the relationship between risk, quota valuation and management responses
|Stephen FitzHerbert (NIWA), Katherine Short (Terra Moana) & Tony Craig (Terra Moana)||November 2021 – June 2023||$325,000|
In these rapidly changing times, socially, economically and environmentally, it is essential to bring all that we can of our knowledge of science, social justice and sustainable finance to underpin rural economies and the ecosystems they depend upon.
Uniquely, this project brings together recent advances in marine science sedimentation and climate change knowledge with Māori pāua quota owners, sustainable finance, and pāua fishery management.
Using these recent marine science advances the project will include looking at the risks to the rural pāua fishery infrastructure from climate related sea level rise and storms i.e. boat ramps, wharves and roading.
With respect to the focal Wairarapa Pāua fishery (PAU2), it is imperative to uphold its value to local communities, to quota owners and to the markets that prize it as a delicacy through:
- Understanding the risk to the fishery from climate change and sedimentation, and using that to influence investment decisions in better caring for the fishery and rural communities
- Knowing that the right management is in place and working effectively at all scales
Tailored, nested management responses at various scales are essential given pāua is a sedentary coastal species. This is relevant from the fishery through to local landowners, and regional council catchment management.
With a focus on sedimentation and climate change the project is:
- Characterising the fishery
- Building quantitative and qualitative risk analysis tools
- Profiling these environmental risks as they pertain to the PAU2 Fishery
- Documenting key response strategies that are essential to reduce that risk
This mahi extends along the east coast of Te Ika-a-Māui from Southern Hawke’s Bay through the eastern border of Manawatū-Whanganui to Wairarapa.
For more information, contact Katherine Short [email protected] 022 108 3536
Stephen FitzHerbert (NIWA)
Katherine Short (Terra Moana)
Tony Craig (Terra Moana)
Dean Spicer (ANZ)
Christine Smith (independent finance analyst)
Tom McCowan (Pāua Industry Council)
Tom McClurg (Toroa Strategy)
Vonda Cummings (NIWA)
Melanie Mayall-Nahi (NIWA)
June 2022Report detailing the environmental risks facing Pāua
March 2023Integrated Calculating Model of environmental risks and uncertainties facing the commercial Pāua wild harvest sector (Quota and annual revenue values, the fishery and infrastructure) including an investment options analytical tool
April 2023Document factors that might prevent use of the model for other locations, fisheries (eg lobster) and industries, together with the modifications that would be needed
June 2023Final project report summarising the environmental risks and uncertainties facing the commercial Pāua sector, their financial implications, and guidance for investing in response strategies, along with a public summary