The Sustainable Scalloping Fund took center stage at the Massachusetts Senate Committee on Intergovernmental Affairs meeting, highlighting the critical role of the scallop fishery in the state's economy. Jeruman Kavich, the fund's attorney, emphasized that the scallop fishery generated over $450 million in landed value in 2023, accounting for more than 80% of the revenue through the Port of New Bedford. This industry not only supports thousands of jobs but also stands as a pillar of Massachusetts' fishing heritage.

Kavich pointed out that while the iconic cod has long been a symbol of the state's fishing history, it is the scallop that currently drives economic growth and sustainability. He noted the fishery's global reputation for being well-managed, thanks to industry investments in scientific research and collaborative governance. The Sustainable Scalloping Fund aims to enhance this legacy by providing ongoing support for research and adaptive management, particularly in the face of challenges like climate change and regulatory uncertainty.

A key proposal discussed was the reopening of the Northern Edge of Georges Bank, an area closed to scalloping for decades. Recent scientific surveys suggest that this region could sustainably support scallop harvesting under modern management practices. Kavich urged the committee to consider this opportunity, which could provide significant economic relief to the fleet while ensuring the long-term health of the resource.

The meeting underscored the importance of a partnership between the scalloping industry and the state, advocating for a formal connection that aligns with state priorities in ocean management and fisheries resilience. The Sustainable Scalloping Fund is not seeking public funding but rather a collaborative approach to ensure the future of this vital industry.