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RPA Reef Product Alliance

RPA Reef 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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RPA Reef Product Alliance

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  1. 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

  2. Types Of Destructive Reef Fishing • Dynamite fishing • Food cyanide fishing • Aquarium cyanide fishing

  3. Likelihood of Coral Reef Collapse %

  4. Therefore Unless Things Change... • Regulatory risk • Market risk • Resource risk

  5. 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...”

  6. 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.

  7. Philippines Fisheries Code 1998 SEC 88: Fishing Through Explosives, Noxious or Poisonous Substance, and/or Electricity (2) Mere possession of explosive, noxious or poisonous substances…for 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.

  8. 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

  9. Chain of Custody

  10. Chain of Custody

  11. Chain of Custody

  12. Chain of Custody

  13. Chain of Custody

  14. Chain of Custody

  15. What Needs to Happen? • Control the supply through harvest and handling • Update infrastructure • Develop science behind sustainable fishing • Meet MAC certification

  16. What is the Value of Integration? • Improved mortality • Better species mix

  17. Reduce mortality by 30% Profit rises by 51% in the 1st year Value of Integration

  18. Improved species mix Profit rises by ~121% Value of Integration

  19. 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

  20. What Needs to Happen? Monitoring Investment Industry Transformation Certification

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