Growth Without Guardrails

The report examines the FAO's aquaculture growth targets and the 2025 Guidelines for Sustainable Aquaculture (GSA), arguing that they lack necessary protections to prevent the diversion of edible wild fish into fishmeal and fish oil (FMFO). Through modelling and case studies in West Africa, the document demonstrates how feed-intensive aquaculture increases pressure on wild fisheries and undermines local food security, particularly for vulnerable populations in Africa and Asia. It further alleges that the FAO's policy framing has been influenced by industry interests, shifting from a 'food-first' approach to one focused on efficiency and 'responsible sourcing' that permits continued extractive growth.

• The FAO's climate roadmap targets at least 75% growth in global 'sustainable aquaculture' production by 2040 compared to 2020, but the report argues this target lacks the guardrails needed to ensure it does not undermine food security.

APA

Changing Markets Foundation (2025). Growth Without Guardrails. https://changingmarkets.org/wp-content/uploads/2026/09/Growth-without-Guardrails.pdf

Chicago

Changing Markets Foundation. Growth Without Guardrails. 2025. https://changingmarkets.org/wp-content/uploads/2026/09/Growth-without-Guardrails.pdf.

Wikipedia

{{cite report |author=Changing Markets Foundation |title=Growth Without Guardrails |date=2025 |url=https://changingmarkets.org/wp-content/uploads/2026/09/Growth-without-Guardrails.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{changingmarketsfoundation2025growth, author = {{Changing Markets Foundation}}, title = {{Growth Without Guardrails}}, institution = {Changing Markets Foundation}, year = {2025}, url = {https://changingmarkets.org/wp-content/uploads/2026/09/Growth-without-Guardrails.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }