Based on findings from on-the-ground investigations carried out in India, Vietnam and The Gambia in mid-2019, this report presents damning evidence that the production of fishmeal and fish oil (FMFO) for use in global aquaculture supply chains is ‘precipitating the collapse of fish stocks, compromising food security, and destroying the social and economic fabric of communities living adjacent to historic fishing grounds at a time when the oceans are being pushed to the brink by the impacts of climate change, pollution and overexploitation’.