Consequently, the oceans and resources therein are fundamental to the well-being of the Commonwealth. This is particularly so for the SIDS which may possibly not have other significant natural resources. Approximately 350 million jobs globally are linked to the oceans through fishing, aquaculture, coastal and marine tourism and research activities. Conversely, experts have issued a stark warning, if we continue on the current trajectory, only one third of the amount of fish available from capture fisheries in 1970 will still be available by 2050.