Claims and compensation
Evaluation of Financial Losses from Small-scale Fisheries Global
IOPC Fund - Project Dates:
January 2002 - June 2002
Description of Project:
Preparation of technical guidelines in the form of a manual to assist with the assessment of financial losses (lost gear and lost revenue) resulting from oil spills in small-scale fisheries where formal records may be sparse. With Homarus Ltd.
The study involved a review of existing costs and earnings work done in small-scale fisheries around the world, description of costs and earnings models, methods of collecting data, sources of useful information in small-scale fisheries, and methods for assessing the quantum of losses.