Bluefin tuna is known as one of the beautiful big fish of the sea. However, the Food and Agriculture Organization estimates that 90% of Bluefin tuna have been fished out within the last 50 years.
[i] The remaining wild stocks are dwindling and cannot keep up with global demand. A full 50 percent of known tuna and tuna-like species are fully exploited.
[ii] In 2010, the United Nations rejected Monaco’s proposal to list Bluefin tuna with the Convention on International Trade in Endangered Species.
[iii] Since then, prices for Bluefin have skyrocketed, with a record breaking sale of a giant Bluefin tuna for $396,000 in February of 2011.
[iv] Fishing quotas for the Bluefin have been adjusted based on scientific recommendations only very recently. However, many believe the quotas are still “too high to enable the Bluefin tuna population to be restored.”
[v] More action is needed to protect the Bluefin tuna from extinction.