Cambodia's dwindling fish stocks put spotlight on changing rivers
- Wall Street ends week positively; S&P 500, Dow hit record highs
- Bitcoin (BTC) Drops 3% as Turkey Bans Cryptocurrency Payments Citing Lack of Regulatory Supervision
- Morgan Stanley (MS) Archegos-Related Loss Appears to be $911M
- Dollar at 4-week low on retreating Treasury yields
FILE PHOTO: Women dry fish on the Mekong river bank in Kandal province, Cambodia, December 14, 2018. REUTERS/Samrang Pring
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
By Prak Chan Thul and Lach Chantha
PHNOM PENH (Reuters) - Cambodian fisherman Tin Yusos tucks into a meal of the previous day's catch with his wife and granddaughter aboard a boat which doubles as their home moored by the banks of the Tonle Sap River.
They plan to set out for another day of fishing in the area of the Tonle Sap and Mekong rivers, though his expectations are low.
"There are no big fish anymore," said Tin Yusos, 57. In the past, he could get a haul of about 30 kilogram (66 lb) of fish a day. Now he often catches just over one kilogram, worth about 15,000 riel ($3.69).
Experts blame hydropower projects, sand mining, deforestation, wetland conversion and climate change for dramatic drops in water levels in the region's rivers, severely disrupting fishing and threatening food supplies for millions.
The Mekong typically swells in the rainy season where it converges with the Tonle Sap River, causing an unusual reversed flow into the Tonle Sap Lake, filling it up and providing bountiful fish stocks.
But in recent years, the flows to Southeast Asia's largest lake have at times been delayed, a factor blamed on drought and hydropower dams upstream on the Mekong.
Whether or not China's 11 dams are harming downstream countries dependent on the 4,350 km (2,700 mile) river has become a geopolitical issue, with the United States urging Lower Mekong nations like Thailand, Vietnam and Cambodia to demand answers.
Marc Goichot, an expert on the region's waterways at the World Wide Fund for Nature (WWF), said dams and sand mining in particular can contribute to a loss of fish.
"Basically the entire system is under stress and changing," he said. "We need to address the root causes of those changes and re-establish the key processes like movement of fish."
Ly Safi, 32, another Cambodian fisherman, said that this year's catch had been his worst and he felt trapped in a livelihood with little future.
"Some fishermen could save up some money and have left to do businesses on land, but for us we can’t."
($1 = 4,064.0000 Cambodian riel)
(Writing by Ed Davies; Editing by Raissa Kasolowsky)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pope calls for lowering of tensions in eastern Ukraine
- Pakistan foreign minister says no plan to meet Indian counterpart in UAE - newspaper
- U.S. officials pledge Biden will raise cap on refugees, but old goal unlikely