fisheries subsidies

24 Jul
2020

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 […]

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20 May
2020

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 […]

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4 May
2020

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 […]

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25 Jun
2019

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 […]

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