Current resource use challenges sustainability and resilience of industries. Circular value chains allow management of waste losses and maximise resource recovery. A circular economy (CE) mimics the cycles in nature in which there is no waste. Maximum value and utility of products and materials is maintained in CE through a combination of extending product lifetimes, increasing resource use intensity, and end-of-life material recycling. CE includes the idea of regenerative development, i.e. as the earth’s resources cycle as materials through the economy they restore and enhance, rather than deplete, natural capital.

Economic opportunities of circularity are well identified, the World Economic Forum estimates global adoption of CE principles would deliver cost savings of US$1trillion dollars per annum by 2025. A recent UTS:ISF study estimated an Australian CE could be worth AU$2 billion by 2025. However, current knowledge gaps constrain how CE may develop, at what scale it makes sense to close loops, and the strategies, policy mix and incentives needed to promote circularity.

For fisheries and aquaculture, CE adoption addresses waste challenges through the creation of new value chains for fish/shell waste and substitution or recycling plastics and provides co-benefits of resource efficiency, contributions to healthy aquatic eco-systems and creation of added value and new employment. Frameworks to guide ‘CE thinking’ exist e.g. Ellen Macarthur Foundation’s 10R’s and ReSOLVE (see Supplementary Material), but have not been explored, are often omitted in food innovation debates (Pagotto and Halog 2015), and opportunities for implementation within the sector are still emerging (e.g., replacement of fish-feed for abalone with wine production waste or repurposing mussel shells as high-nutrient fertiliser). The need to understand the context, opportunity and benefit of CE innovations and to identify strategic approaches to sectoral circularity at scale are apparent.

Australian and New Zealand Rock Lobster is a high value product that has strong recognition in their local and export markets. There is significant capital investment across the combined jurisdictions of the Trans-Tasman lobster fisheries. As with most other wild caught fisheries and seafood sectors Trans-Tasman lobster fisheries face similar challenges in regards to, sustainability, threats to / competition for the resource and resource access, product quality and food safety, implications from aquaculture production and applying and taking advantage of new and emerging technologies. In addition to these common industry issues, lobster fisheries produce a product that is predominantly for live export which adds further challenges such as barriers to trade and trade agreements, complex supply chains and understanding the ‘what and where’ of new market opportunities.

Well organised and educational forums such as Trans-Tasman Rock Lobster Congresses enable a sharing of information and a collaborative approach to addressing challenges and sharing successes. Since first being held in 1999 the biennial Rock Lobster conferences have become the pre-eminent forum for the respective Trans-Tasman lobster industries to consider and address the many challenges across the supply chain. There is never a shortage of key issues and topics to address and bring together in a common theme to deliver a successful Trans-Tasman Industry Congress that has the support of all the key industry bodies and wider stakeholders.

The history of successful Trans-Tasman Industry Congresses, speaks for itself.
Trans-Tasman Congresses have well established support of all the key industry bodies and wider stakeholder interests with all lobster producing jurisdictions having now hosted an event. This history combined with the experience, existing contacts, establishing themes, producing engaging programmes, having informative exhibitions, attracting quality keynote speakers - both local and international, continuing sponsorship from service providers and the ability to attract the general support of industry ensure there is a pool of support and knowledge to deliver successful congresses

Initial Contributions (2023):
• Total combined initial contributions will be to a maximum of $30,000.00.
• Request a cash contribution from the NZRLIC.
• Request a contribution from the Eastern Rock Lobster Industry.
• Contribution from the SRL IPA.
• Contribution from the WRL IPA.

Proposed Governance Arrangements:
• The Managing Entity (ME) i.e. the industry body responsible for administering the congress in a particular year, will be responsible for holding and managing the ‘kitty’ of funds.
• ‘Surplus’ funds will be used to fund the administration, hosting and attendance of any planning meetings conducted in the ‘interim year’, this process will be managed by the ME responsible for hosting the most recent (past) Trans Tasman Congress.
• PI & Co-Investigators will discuss and confirm the amount required for future initial contributions.