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Chile establishes largest marine sanctuary. Can it help fight overfishing?

But it is a US proposal for international cooperation to police overfishing that may have the biggest ripple effect at the Our Ocean conference.  

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Luis Hidalgo/AP
US Secretary of State John Kerry greets a woman Chile's Easter Island during the Our Ocean international conference on marine protection in Vina del Mar, Chile, Monday. President Barack Obama declared new marine sanctuaries in Lake Michigan and the tidal waters of Maryland on Monday, while Chile blocked off a vast expanse of the Pacific Ocean near the world-famous Easter Island from commercial fishing and oil and gas exploration.

Opening the Our Ocean conference, host nation Chile declared聽a 243,630-square-mile sanctuary around Easter Island in the South Pacific off its eastern coast, marking the largest marine reserve in American waters.

According to the Pew Charitable Trusts, the designation will protect 27 endangered species and the people who fish there.

The sanctuary joins marine reserves declared by the United States, off the American Pacific Islands; Britain, off the Pitcairn Islands; and New Zealand off the Kermadecs, as areas protected from unregulated fishing.

President Barack Obama addressed the meeting, held in the Pacific port city of聽Valparaiso,聽in a video message to announce two new "National Marine Sanctuaries" in the United States, including a聽875-square-mile area of Lake Michigan in Wisconsin that holds dozens of historic shipwrecks, as well as聽Mallows Bay on the Potomac River in Maryland, a tidal wetland and a graveyard for scuttled warships since the Revolutionary War, .

"And, in the coming months, I will look for even more opportunities to protect our waters," .

The new area conserved by Chile, called the Nazca-Desventuradas Marine Park, makes up roughly eight percent of the ocean areas worldwide that have been declared off-limits to fishing and governed by no-take protections, says聽Russell Moffitt, a conservation analyst with the Marine Conservation Institute in an interview聽. The magazine聽hastened to add there is聽still "a long way to go" to meet the United Nations鈥 goal of protecting 10 percent of the world's oceans by 2020.

While the conference started with splashy conservation announcements, over the next few days several more countries and foundations are anticipated to put forward capital commitments and proposals to combat pollution, overfishing, and the acidification of the ocean from carbon emissions.

According to a 2014 study by the UN Food and Agriculture Organization, 29 percent of the world's fish stocks which have been adequately studied are overexploited, AFP reports. This statistic, which underscores the scourge of overfishing, may be addressed by a new plan proposed by the US.

Called , the plan will bring together governments worldwide to police protected oceans and prosecute those fleets that land illegal catches.

Under Sea Scout, experts will identify sea fishing "hot spots" and target them for enforcement by member states' fisheries protection teams, the White House said.

The US National Oceanographic and Atmospheric Administration (NOAA) will track suspicious fishing boats by satellite and alert authorities in Indonesia, the Philippines, and other countries.

The White House said it plans to negotiate with its Asian partners to try to include the seafood tracking system in the Trans-Pacific Partnership trade deal it is currently negotiating.

Officials traveling with US Secretary of State John Kerry to the Valparaiso conference said rules coming into place next year will track species representing 80 percent of US seafood,聽

The "traceability" initiative will target the most commonly exported fish species to the US such as tuna, cod, shrimp, and crab, slated to start in September 2016, pending approval from the US Senate, and additional participating nations. The plan would apply to all fish in the sea a year later, and is meant to make exporters accountable to sustainable catching practices.聽

"There is literally too much money chasing too much fish," Kerry told the conference. A third of the world's fish stocks are over-exploited, he said, calling overfishing a $10 billion-a-year industry.

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