Summary
Circular Economy principles and practices are already embedded in some Australian fishing and aquaculture operations but there are opportunities to do more. Circular economy is a need and opportunity that crosses all four sectors – Indigenous, Commercial Wild Catch, Aquaculture, and Recreational – in all jurisdictions, at all levels of the supply chain, across sectors and international borders.
Fisheries Research and Development Corporation’s (FRDC) Circularity in Fisheries and Aquaculture program (2021-133) is a three-year national program that uses practical and innovative measures to help transition the sector towards achieving the benefits of a more circular system.
This national program encompasses five initiatives which aim to build capacity, quantify material flows, identify opportunities and barriers, measure impact, support the commercialisation of innovative ideas and establish a comprehensive community of practice. Foundational to the program is engagement with industry, community, government and all parts of the value chain to share this important journey.
The project is being delivered by the Regional Circularity Co-operative Limited as part of the Bega Circular Valley initiative, in collaboration with KPMG, University of Wollongong and Charles Sturt University, supported by funding from the Fisheries Research and Development Corporation on behalf of the Australian Governments.
AFTA Members and those involved in the recreational fishing industry should click here to read more about it on the FRDC website.