the reformed Common Fisheries Policy (CFP) of the European Union is legally binding for all Member States. It prescribes the end of overfishing and the rebuilding of all stocks above levels that can produce maximum sustainable yields (MSY). This study examines the current status, exploitation pattern, required time for rebuilding, future catch, and future profitability for 397 European stocks. Fishing pressure and biomass were estimated from 2000 to the last year with available data in 10 European ecoregions and 2 wide ranging regions. In the last year with available data, 69% of the 397 stocks were subject to ongoing overfishing and 51% of the stocks were outside of safe biological limits. Only 12% of the stocks fulfilled the prescriptions of the CFP. Fishing pressure has decreased since 2000 in some ecoregions but not in others. Barents Sea and Norwegian Sea have the highest percentage (> 60%) of sustainably exploited stocks that are capable of producing MSY. In contrast, in the Mediterranean Sea, fewer than 20% of the stocks are exploited sustainably. Overfishing is still widespread in European waters and current management, which aims at maximum sustainable exploitation, is unable to rebuild the depleted stocks and results in poor profitability. This study examines four future exploitation scenarios that are compatible with the CFP. It finds that exploitation levels of 50-80% of the maximum will rebuild stocks and lead to higher catches than currently obtained, with substantially higher profits for the fishers.

The health of the ocean, central to human well-being, has now reached a critical point. Most fish stocks are overexploited, climate change and increased dissolved carbon dioxide are changing ocean chemistry and disrupting species throughout food webs, and the fundamental capacity of the ocean to regulate the climate has been altered. However, key technical, organizational, and conceptual scientific barriers have prevented the identification of policy levers for sustainability and transformative action. Here, we recommend key strategies to address these challenges, including (1) stronger integration of sciences and (2) ocean-observing systems, (3) improved science-policy interfaces, (4) new partnerships supported by (5) a new ocean-climate finance system, and (6) improved ocean literacy and education to modify social norms and behaviors. Adopting these strategies could help establish ocean science as a key foundation of broader sustainability transformations.

The ocean regulates the global climate, provides humans with natural resources such as food, materials, important substances, and energy, and is essential for international trade and recreational and cultural activities. Together with human development and economic growth, free access to, and availability of, ocean resources and services have exerted strong pressure on marine systems, ranging from overfishing, increasing resource extraction, and alteration of coastal zones to various types of thoughtless pollution. Both economic theory and many case studies suggest that there is no "tragedy of the commons" but a "tragedy of open access". With high likeliness, structures of open access are non-sustainable. International cooperation and effective governance are required to protect the marine environment and promote the sustainable use of marine resources in such a way that due account can be taken of the environmental values of current generations and the needs of future generations. For this purpose, developing and agreeing on one Sustainable Development Goal (SDG) specifically for the Ocean and Coasts could prove to be an essential element. The new SDGs will build upon the Millennium Development Goals (MDGs) and replace them by 2015. Ensuring environmental sustainability in a general sense is one of the eight MDGs but the ocean is not explicitly addressed. Furthermore, the creation of a comprehensive underlying set of ocean sustainability targets and effective indicators developed within a global Future Ocean Spatial Planning (FOSP) process would help in assessing the current status of marine systems, diagnosing ongoing trends, and providing information for inclusive, forward-looking, and sustainable ocean governance.

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