World Trade Organization (WTO) must ban harmful fisheries subsidies
Sustainably managed wild fisheries support food and nutritional security, livelihoods, and cultures.
Harmful fisheries subsidies – government payments that incentivize overcapacity and lead to overfishing - undermine these benefits yet are increasing globally.
Therefore, 296 scientists spanning 46 countries and 6 continents urge the members of WTO to reach an agreement that eliminates harmful subsidies.
“World Trade Organization (WTO) members have a unique opportunity at their ministerial meeting in November to reach an agreement,” the scientists write in a letter published in Science.
Among the scientists is professor Brooks Kaiser, research leader of The Management and Economics of Resources and the Environment (MERE) Research Group.