Climate Risks and Opportunities of the Marine Fishery Industry: A Case Study in Taiwan

As climate change and extreme weather intensify, forecasting natural environmental changes involves high uncertainty and variation. Planned policy changes and the ability of fisheries to withstand these changes and impacts are major challenges in regard to addressing future climate hazards in Taiwan. Taiwan's geographic location is favourable for the marine fishery industry, which is an important primary industry and a source of animal protein for residents of Taiwan. Recently, both long-term climate change and extreme climate hazards have led to shocks in the marine fishery industry. The resulting instability of the industry directly affects the market supply of and demand for seafood. We conduct a case study of a marine fishery industry in Taiwan that incorporates social concern assessments of risk perception and judgements of risk acceptance through risk management processes. Furthermore, we incorporate stakeholder participatory processes to reduce the gap in awareness of adaptation and to increase the opportunity to reach consensus and develop an integrated risk management model that enables decision-makers to better meet the needs of society. These measures will enhance all parties' willingness to adapt and help achieve the goal of public-private collaboration in facing climate change challenges.