At national level, IIED is highlighting the economic value of small-scale fisheries and ways of mainstreaming them in national accounts, to encourage the development of policy instruments that support sustainable fisheries, and researching inclusive fiscal reforms. At a global level, IIED is working with national governments to establish an international, legally binding instrument on the conservation and sustainable use of marine biodiversity in the high seas. Researchers are also building understanding of how to monitor and evaluate progress towards achieving SDG14 – Life below water.