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Urgent action is needed to reduce over-fishing and reform support to the fisheries sector: OECD report December 14,2020   |  Source: moderndiplomacy

Urgent action is needed to reduce over-fishing, improve fisheries management and reform support to the sector, or the world will fail to meet a key United Nations goal on the conservation and sustainable use of the oceans and marine resources, according to a new OECD report.

The OECD Review of Fisheries 2020 updates and analyses the OECD fisheries support estimate (FSE) database, the most comprehensive, detailed, and consistent collection of country level data on governments support to fisheries reported by governments. The latest Review shows that at least a quarter of global fish stocks with known status are overfished and a third of fishing activity is not adequately managed, jeopardizing attainment of UN Sustainable Development Goal 14 and the health of our ecosystems.

Current fisheries policies are part of the problem: over the 2016-18 period, the 39 countries in the Review reported spending USD 9.4 billion annually in support to fisheries, accounting for about 10% of the value of catches. Over a third of this support lowered the cost of fuel, vessels and gear, which frequently encourages overfishing.

“Governments should stop subsidising fishing inputs, directing support to helping fishers operate their businesses more effectively and more sustainably,” said

 

© 2020 Modern Diplomacy

Theme(s): Fisheries Development and Aquaculture.

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