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Report sheds light on EU support for overfishing

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Tuesday, 06 April 2010

Report sheds light on EU support for overfishing

EU subsidies to fishermen were supposed to help tackle overcapacity in the sector. But one third of the money nevertheless contributed to increasing the pressure on EU stocks that are already declining, according to the Pew Environment Group, an NGO. The funding, distributed between 2000 and 2006, "was intended to progress fleet capacity reduction" and help the sector cope with related restructuring, argues a report by the Pew Environment Group. But only 17% of the funds were used to scrap vessels to reduce fishing capacity or to protect marine resources, alleges the report, published on 30 March. According to the NGO, 29% of the funding went on supporting "negative measures" for fish stocks, such as building new vessels and modernising existing ones, which contribute to both the overcapacity of European fleets and overfishing. 54% of the subsidies were found to have had a "neutral" impact on fishing capacity.

Source: EUractiv