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Blue Ventures joins global campaign to #StopFundingOverfishing

Blue Ventures joins global campaign to #StopFundingOverfishing
13
Mar

Blue Ventures is one of a tide of organisations that have come together to call on the members of the World Trade Organisation (WTO) to deliver on their commitment to end the subsidies that enable global overfishing, through the international #StopFundingOverfishing campaign.

The world’s oceans are under threat from overfishing by fleets of commercial fishing vessels, often originating in the global north which are asset stripping the oceans of the global south where many coastal communities rely on marine ecosystems to survive.

In September 2015, world leaders committed to deliver new WTO rules to curb harmful fisheries subsidies as part of the package of Sustainable Development Goals. Members of the WTO have until June 2020 to reach an agreement to end harmful fisheries subsidies at the Twelfth Ministerial Conference. 

Without the subsidies that the fishing industry receives, the wholesale destructive fishing activity would be impossible to sustain. An example of this is fuel subsidies provided to sail vessels across the globe in search of diminishing fish stocks. It is estimated that 85% of all subsidies go to industrial fishing vessels, while only 15% go to small-scale fishing.

Blue Ventures has signed a policy statement urging world leaders to deliver on their commitment to end the subsidies that make overfishing possible. This agreement could signal a significant step in the protection of ocean ecosystems for future generations.


To find out more and add your voice to the campaign go to stopfundingoverfishing.com

Learn more about Blue Ventures by watching our TED talk, How a handful of fishing villages sparked a marine conservation revolution, by Dr Alasdair Harris.


 

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