fisheries subsidies

10 Mar
2021

WTO deal is within reach to remove harmful fishing subsidies and halt global fish meltdown

Source: World Economic Forum Every year, governments around the world pump $22 billion of public money into efforts that encourage overfishing. SDG 14 has explicit target to eliminate such harmful fisheries subsidies by 2020 through the conclusion of WTO negotiations that began 20 years ago. Under its new Director General, the WTO is within reach of a […]

15 Jan
2021

China is pivotal to the ocean’s future

Source: Science Authors: Andrew F. Johnson and Susanna Lidstrom Since the 1980s, China has developed into the most important player in global capture fisheries; the country now catches about 15% of the global total. As scientists and environmental groups called for an end to harmful fishing subsidies, China spent US$5.89 billion in 2018—more than twice […]

24 Jul
2020

Fisheries Subsidies Reform Could Reduce Overfishing and Illegal Fishing Case Studies Find

Source: The Pew Charitable Trusts New World Trade Organization rules would help ocean, local fleets, and coastal communities Overfishing is one of the greatest threats to ocean health, yet for decades many governments have paid subsidies to their fishing fleets, helping them fish beyond levels that are biologically sustainable. It’s time to end these harmful subsidies, some […]

20 May
2020

COVID-19 is a chance to end harmful fishing subsidies. Here’s why we must take it

Source: World Economic Forum Author: Rashid Sumaila The COVID-19 recovery is a chance to foster a truly sustainable ocean economy. To that end, the world must work together to end harmful subsidies that encourage overfishing and exploitation. Funds should be diverted to encourage sustainable fishing practices – and the WTO has a crucial role to […]

4 May
2020

WWF’s Michele Kuruc hopeful about eventual WTO fuel subsidies deal

Source: SeafoodSource The deadline for a World Trade Organization (WTO) deal on fishing subsidies was recently extended due to coronavirus-related travel restrictions that impeded negotiations. However, delegates have been mulling an Indian proposal that would grant developing countries the right to subsidize their fleets, with the definition of “developing country” based on average per capita […]

25 Jun
2019

WTO Fisheries Negotiations: Failure Is Not An Option

Source: IISD / SDG Knowledge Hub Author: Remi Parmentier, The Varda Group Roberto Azevêdo, Director General of the World Trade Organization (WTO), recently went on record about the importance of completing by year-end the WTO negotiations for the elimination of fisheries subsidies that contribute to illegal, unregulated and unreported (IUU) fishing, overfishing and the overcapacity of fishing […]