This paper outlines a proposal for the initial implementation of a revised Krill Fishery Management Approach (KFMA) in Subarea 48.1, marking a transition from a fixed catch limit regime to a more dynamic and ecosystem-based management framework. The proposed approach integrates recent advancements in risk assessment frameworks and biomass estimation technologies. Subarea 48.1 is identified as a suitable starting point for such a transition, given its relatively strong scientific knowledge base, existing monitoring infrastructure and effort.
The paper emphasizes the need for enhanced data collection, analysis, and synthesis to support responsive catch limit determination and ecosystem-based decision-making. It identifies key tasks requiring further consideration by the Scientific Committee and the Commission, including the revision of Conservation Measure (CM) 51-01 and the establishment of a new CM (51-08) to regulate krill fishing in Subarea 48.1. The implications of different management unit configurations are also discussed.