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

Date: March 10, 2021

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 deal that will bring immense benefit for ocean life of both the human and aquatic kinds.

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