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Conservation Plan of SWASHP Developed from Portfolio Concept Described by UW Bristol Bay river stocks Sockeye salmon returns to Bristol Bay rivers 10 10 Relative run size Relative run size Relative run size 1 1 0.1 0.1 0.01 0.01 1956


  1. Conservation Plan of SWASHP Developed from Portfolio Concept Described by UW

  2. Bristol Bay river stocks Sockeye salmon returns to Bristol Bay rivers 10 10 Relative run size Relative run size Relative run size 1 1 0.1 0.1 0.01 0.01 1956 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 1956 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 Year Year From: Dan Schindler, Presentation to Southwest Alaska Salmon Symposium, March 2011

  3. Major Watersheds of Bristol Bay

  4. The Global / Bristol Bay Portfolio: Bristol Bay produces ~51% of all sockeye salmon on earth 51% of all sockeye salmon come from Bristol Bay From : Ruggerone et al. 2010. Magnitude and trends in abundance of hatchery and wild pink salmon,chum salmon and sockeye salmon in the North Pacific Ocean. Marine and Coastal Fisheries: Dynamics, Management and Ecosystem Science. (2) 306-328. and Pinsky et al. 2009. Range-wide selection of catchments for Pacific salmon conservation. Conservation Biology (2) 681-691.

  5. Lake Iliamna-Kvichak / Nushagak- Wood River Portfolio Asset Allocation

  6. STABLE ASSET BASE

  7. The Portfolio Managers

  8. The Lake Iliamna / Kvichak Portfolio The Heart of BB Salmon Largest Single Sockeye Factory in the World

  9. Basic Diversification of Lake Iliamna / Kvichak Portfolio 4 Genetic Groups 28 sites

  10. State of Alaska 4 of 10 Yellow sites Motivated by Salmon Love?

  11. What to Do? As Members of Public We Have a Say What Can We do to Keep State Salmon Motivated? Continued Vigilance – No More Area Plan Sneak • Attacks; • No mining / mineral exploration • Expansion of Special Use Areas • Instream Flow Reservations • Mineral Closing Orders

  12. ANCSA Corporations As Members of Public We Have Little or No Say Nondalton (4 of 7 red sites) Iliamna Pedro Bay (All green and blue sites – 12) Alaska Peninsula (6 of 10 yellow sites) Igiugig BBNC (subsurface)

  13. Good For Salmon • Corporate shareholder base is connected culturally and historically to salmon; • Many shareholders commercially fish; • Many shareholders subsistence fish; • A “Fish First” Bristol Bay Vision Statement; • Salmon / Culture camps, Fly Fishing Academy; • BBNC investing in sport fishing industry

  14. Not So Good for Salmon • Corporation Structure – Salmon don’t feed the bottom line or pay dividends • Founding shareholders dying off • New corporate ownership and leadership less connected culturally and historically to salmon • Share dispersal: more shareholders with fewer shares • Majority of shareholders / shares out of region • Possibility of going public in future • Possibility of bankruptcy

  15. What to Do? Provide Corporate Salmon Love Incentives • Conservation Easements –limited development, retain ownership, Shareholder Permanent Funds • Combination of Cash and Tax Deductions under new IRS incentives for ANCSA corporation donations of conservation easements

  16. First Permanently Conserved Area on Lake Iliamna Protects Island Beach Spawning Group

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