Sustainable yield in fisheries

The sustainable yield of natural capital is the ecological yield that can be extracted without reducing the base of capital itself, i.e. the surplus required to maintain ecosystem services at the same or increasing level over time. This yield usually varies over time with the needs of the ecosystem to maintain itself, e.g. a forest that has recently suffered a blight or flooding or fire will require more of its own ecological yield to sustain and re-establish a mature forest. While doing so, the sustainable yield may be much less.

In fisheries, the basic natural capital (original population) decreases with extraction (fishing activity). At the same time production due to breeding and natural growth increases. Hence, sustainable yield would be within the range in which the natural capital together with its production are able to provide satisfactory yield. It may be very difficult to quantify sustainable yield, because dynamic ecological conditions and other factors not related to harvesting induce changes and fluctuations in both the natural capital and its productivity.