Invest with Values

The Investor's Gateway to Positive Change

The Investor's Gateway to Positive Change

  • RESOURCE DIRECTORY
    • GETTING STARTED
    • FULL DIRECTORY
    • Top Resources
    • Share a Resource
  • NEWS CENTER
    • NEWS CENTER
    • By Category
      • Local Banking
      • Community Investing
      • Impact Investing
      • Sustainable-Responsible Investing
      • Featured Articles
      • Beyond Investing
      • IWV news
      • Top Resources
    • News Partners
      • 3BLmedia
      • AllianceMagazine
      • CorporateKnights
      • GreenMoney
      • Locavesting
      • MaxImpact
      • InvestWithValues Sponsors
      • InvestWithValues Partners
    • Newsletter Sign-up
    • Newsletter Archive
  • About
    • About Us
    • Brian Kaminer
    • Learn More
    • Testimonials
    • Investments Talk! Video
    • Launch Press Release
    • News Center Press Release
  • Sponsors & Partners
    • Sponsors
    • Partners
  • Connect
    • Contact Us
    • Survey
    • IWV News
    • Share a Resource
  • Spoiler title
    Free GuideSubscribeClose
    Get a free 30 minute personalized guide to
    Invest With Values, after subscribing.
    * = required field

Attention Pirate Fishing Boats: Eyes on the Sea is Watching You

August 26, 2015 By ImpactAlpha

Columns of black smoke rise from four Vietnamese boats in the waters off Palau Friday, June 12, 2015. The tiny Pacific nation of Palau, fighting a rising tide of illegal fishing in its waters, set fire to the four boats caught poaching sea cucumbers and other marine life in its waters. Palau's President Tommy Remengesau Jr. hopes to turn most of the island nation's territorial waters into a national marine sanctuary, banning commercial fishing and exports apart from limited areas to be used by domestic fishermen and tourists. (Jeff Barabe/The Pew Charitable Trusts via AP)

Has illegal, unreported and unregulated fishing met its match in Big Data?

So-called IUU fishing thwarts marine restoration initiatives, degrades natural resources, abets human rights violations and leaks billions of dollars from the global economy. Pirate fishers have largely acted fearlessly because there was no way to track them or enforce law in remote, international waters.

6d654867-2b2d-4e56-af11-cf368cadd9c3But change is coming into focus with Eyes on the Sea, a data aggregation and visualization platform to help authorities monitor, detect, and respond to illicit fishing activity across the world’s oceans. A project of the Pew Charitable Trust, Eyes on the Sea, was developed in partnership with Satellite Applications Catapult, a U.K. government initiative to foster economic growth via space technology.

The goal of a transparent, accessible and accountable ocean economy has eluded regulators for decades. Pirate ships can offload their illegal catch, fabricate ledgers, or simply evade monitoring altogether. As The New York Times reported in its Outlaw Ocean series, even murder can go unpunished on the high seas. What hope is there for fish?

Four Vietnamese fishing boat captains got a preview of the future in June, when Pew provided data to the government of Palau that four “blue boats” were fishing illegally in the island nation’s waters. Palau officials emptied the boats of crewmen, sent them home and unloaded a 17,000-pound haul including protected sea turtle, sea cucumber, and reef fish species. Finally, the boats were set on fire.

“We will not tolerate poachers in our ocean,” said Palau’s president, Tommy Remengesau.

Command central in the new battle against IUU is the Virtual Watch Room, where team members monitor fishing activities, especially in restricted areas and reports on violators. Data scientists have developed algorithms which splice together vessel identification, ocean topography, and satellite images to produce a refreshingly clear picture of what ships are up to at sea.

640_peots-roomResembling NASA’s Mission Control Center, the Virtual Watch Room houses analysts able to identify the ‘body language’ of vessels by tracking and plotting their sailing patterns. Fish congregate predictably around particular underwater topography like ridges or reefs. Given the data tools to visualize this behavior, it’s not difficult for a fisheries analyst to identify illegal activity.

The Pew team says the application of Virtual Watch Room data goes beyond IUU fishing. Some ideas include: better tracking and managing of harbor traffic and new financing and insurance modeling. And if bad fishers can be punished with this data, might there also be room for good fishers to be incentivized and rewarded?

One investor working with this same logic is Schmidt Marine Technology Partners, an arm of the Schmidt Ocean Institute. The fund, which can provide both venture capital investment and philanthropic support, aims to help fledgling ocean entrepreneurs demonstrate commercial solutions in robotics, sensors and cameras and other sectors.

Other satellite-based surveillance efforts, such Global Fishing Watch, a partnership between Oceana, SkyTruth and Google, aim to build citizen awareness and engagement.

Pew aims to make its data robust enough to be used to enforce illegal activity. Following the enforcement action in Palau and other early successes, Pew is working to add more layers of data to Eyes on the Sea – synthetic aperture radar, infrared spectroscopy, drone images and even crowd-sourced photographs from the public. Put together, this information represents a sea change for how we manage and govern the oceans.

Share This:

This post was originally published on ImpactAlpha.com


home-compass-croppedVisit the Invest With Values - Resource Directory to access leading investor information, opportunities, organizations, events, groups and tools.

Filed Under: -Impact Investing

About ImpactAlpha

Led by David Bank, formerly of The Wall Street Journal, ImpactAlpha is establishing a major new media brand for the growing number of people who believe our most pressing social and environmental challenges represent the biggest business opportunities of the 21st century. ImpactSpace is the world’s largest open impact database of ventures, funds, deals, people and organizations.
Learn more about ImpactAlpha and their articles.

News Search

Sponsors

Talgra RSF RSF Social Finance logo Trillium MicroVest MicroVest LOCUS LOCUS Impact Investing CFC capital for change

Events

All News by Category

Take the Survey

Why do you care about money and investing?
  • Home
  • Directory
  • News Center
  • Sponsors & Partners
  • About
  • Connect
  • Google Plus
  • Facebook
  • Twitter
  • Linkedin

Copyright © 2025 • Invest with Values • All Rights Reserved • 914-230-0741 · info(at)talgra.com
Created and Managed by Brian Kaminer of Talgra LLC

Disclaimer: The information shared through investwithvalues.com has been provided by Talgra, LLC (“Talgra”). No representation or warranty, expressed or implied is made by Talgra, the sponsors, partners or contributors as to the accuracy or completeness of the information contained herein. The website is for educational and informational purposes only and is subject to change. This does not constitute an offer or a solicitation to purchase or sell any security, and nothing herein should be construed as such. The opinions represented in this directory are those of Talgra and should be considered in conjunction with advice from a professional advisor in the context of your particular investment situation. The specific investments included in this website are examples of investments that can be made in each of the different investment categories and are not recommendations to purchase any individual security or investment vehicle.