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Table 9. “It is increasingly realized that the predictability requirement cannot be fulfilled even within the limited scope of single stock management without ecosystem considerations”. Ecosystem based management implementation proposal, taken from Degnbol (2002), suggests that the ecological aspects of a marine ecosystem-based management approach (EBM) would be implemented using the following steps in a typical fishery:

• Identify the stakeholders: the interested parties;
• Prepare a chart of the ecoregions: species, habitats and oceanographic features;
• Identify the partners and their interests: stakeholders directly interested or affected by the fishery;
• Establish the ecosystem values: habitats, species and uses;
• Determine the main potential hazards of the fishery to the ecosystem values;
• Conduct an ecological risk assessment: determine the actual risks of the fishery;
• Establish the objectives and targets: agreed goals for the ecosystem and the fish stock;
• Establish strategies for achieving targets;
• Design the information system: includes monitoring of stock and ecological indicators;
• Establish information needs and research priorities;
• Design performance assessment and review process;
• Design and Implement an EBM training and education package for fishers and managers.