Isn't the status quo in 'Pareto optimality'?
Nations doing commercial whaling can remain in the current position, those with people who need ASW quota can satisfy such people and groups to condemn whaling have sustainable source of condemnation to receive donation (or the similar funding).
While being in a fix - at least it seems -
for commercial whaling, what isn't in the status of 'global equilibrium' is Japan's hunt/ capture of dolphins and small toothed whales around its coast.
Since this issue looks outside the jurisdiction of the IWC, the role of WDCS seems ever greater for international coordination for enlightening Japan against Taiji's drive hunt to hand-harpooning off the coast of north-eastern Japan.
Interestingly the issue of small cetaceans is hotly contested in the IWC. Indeed, orca and bottlenose whales have been addressed in the IWC definitions of small type whaling, in referring to what type of whale is taken in commercial whaling, not boat or ship sizes.