RPA Reef Product Alliance

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RPAReef Product Alliance

• Investment fund for the marine ornamentals and
  mariculture industries
• Make investments to build sustainable
  infrastructure in the industry
• Provide quality analysis and technical assistance
  to ensure projects meet ongoing conservation and
  social goals

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Types Of Destructive Reef Fishing

• Dynamite fishing
• Food cyanide fishing
• Aquarium cyanide fishing

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Likelihood of Coral Reef Collapse

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Therefore Unless Things Change...

• Regulatory risk
• Market risk
• Resource risk

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USA

• International Charge of
• Executive Order 13089
• Sec.5 (d)
• ...shall assess the U.S. role in international
  trade... and implement appropriate strategies and
  actions to promote conservation and sustainable
  use of coral reef resources worldwide...

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International

• Convention on International Trade of Endangered
  Species (CITES)
• Appendix II
• Regulates trade in species not threatened with
  extinction but which may become threatened if
  trade goes unregulated.

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Philippines

• Fisheries Code 1998
• SEC 88 Fishing Through Explosives, Noxious or
  Poisonous Substance, and/or Electricity
• (2) Mere possession of explosive, noxious or
  poisonous substancesfor illegal fishing shall be
  punishable by imprisonment ranging from six (6)
  months to two (2) years.
• (3) Actual use of explosives, noxious or
  poisonous substances...for illegal fishing shall
  be punishable by imprisonment ranging from five
  (5) years to ten (10) years...
• (4) Dealing in, selling, or in any manner
  disposing of, for profit, illegally
  caught/gathered fisheries species shall be
  punished by imprisonment ranging from six (6)
  months to two (2) years.

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Market Risk

• 49 of retailers report customer concerns about
  environmental issues
• 96 of retailers are interested in learning more
  about the environmental impacts
• 89 of retailers are willing to pass this
  information onto their customers

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Chain of Custody
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Chain of Custody
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Chain of Custody
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Chain of Custody
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Chain of Custody
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Chain of Custody
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What Needs to Happen?

• Control the supply through harvest and handling
• Update infrastructure
• Develop science behind sustainable fishing
• Meet MAC certification

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What is the Value of Integration?

• Improved mortality
• Better species mix

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Value of Integration

• Reduce mortality by 30

• Profit rises by 51 in the 1st year

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Value of Integration

• Improved species mix

• Profit rises by 121

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Requirements for Species Mix

• 30 km2 of reef as an exclusive fishing area per
  collector station
• Fisheries management plan in place
• Monitoring protocol in place
• Enforcement program in place

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What Needs to Happen?
Monitoring
Investment
Industry Transformation
Certification