Aquaculture and Fisheries Commons^™

Aquatic Invasive Species Change Ecosystem Services From The World's Largest Wild Sockeye Salmon Fisheries In Alaska, Tobias Schwoerer, Joseph M. Little, Milo D. Adkison

Journal of Ocean and Coastal Economics

This study combines a multi-method approach to structured expert judgment with market valuation to forecast fisheries damages from introduced invasive species. The method is applied to a case study of Alaska’s first submersed aquatic invasive plant, Elodea spp., threatening Alaska’s salmon fisheries. Assuming that Elodea spp. remains unmanaged, estimated mean damages to commercial sockeye fisheries aggregated across Alaska amount to a potential $159 million annually with a 5% chance of exceeding $577 million annually ($2015 USD). The associated mean loss of natural capital amounts to $5.1 billion cumulatively over the next 100 years reaching $400 million after 10 years. …