EU launches new 6.5-bln fund to slash over-fishing

Dec 02, 2011
The European Commission unveiled a new 6.5-billion-euro fund Friday to help fishermen move towards sustainable fishing
Traders sell fish in Kampala in August 2011. The European Commission unveiled a new 6.5-billion-euro fund Friday to help fishermen move towards sustainable fishing as part of an effort to save fish stocks.

The European Commission unveiled a new 6.5-billion-euro fund Friday to help fishermen move towards sustainable fishing as part of an effort to save fish stocks.

"This new fund will increase economic growth and create jobs in the sector. No more money will be spent to build big vessels," said the EU's fisheries commissioner Maria Damanaki.

"Small scale fisheries and aquaculture will benefit from this budgetary greening of the Common Fisheries Policy," she said.

But environmentalists said the seven-year fund does not go far enough to cut down on over-fishing off Europe's coasts.

It will replace the existing European Fisheries Fund (EFF), which has been criticised by wildlife groups.

"After the poor performance of the EFF, subsidies are only justifiable if they help to end overfishing and stimulate the sustainable management of fisheries," said WWF fisheries expert Louize Hill.

"Unfortunately, the EMFF proposal lacks the ambition to help transform Europe's and lay a solid basis for healthy and profitable fisheries in the future," she said.

The new fund notably will help replace nets with more selective gear in a bid to reduce discards, develop "green" aquaculture and support partnerships between the sector and scientists.

Funds will also be available to spouses of fishermen for training or other economic activities related to fishing.

Explore further: Local action needed to protect nature from global warming

Related Stories

EU sets fish quotas for 2007

Dec 22, 2006

The European Union fisheries ministers have set the 2007 limits for fish catches in European waters.

Scientists offer new take on selective fishing

Apr 29, 2010

(PhysOrg.com) -- A new, less selective approach to commercial fishing is needed to ensure the ongoing productivity of marine ecosystems and to maintain biodiversity, according to a paper in the Proceedings ...

Global fisheries research finds promise and peril

Sep 14, 2010

Global fisheries, a vital source of food and revenue throughout the world, contribute between US$225-$240 billion per year to the worldwide economy, according to four new studies released today. Researchers also concluded ...

Britain steamed over tuna rules

May 10, 2007

Britain's fisheries minister Ben Bradshaw is calling on the European Union to ban fishing for bluefin tuna in the Mediterranean Sea.

Recommended for you

Germany restricts fracking but doesn't ban it

1 hour ago

The German cabinet drew up rules Wednesday on the hitherto unregulated technology of "fracking" in Germany, narrowly restricting its use, but stopping short of an outright ban.

Life in the poisonous breath of sleeping volcanos

2 hours ago

Researchers of the University Jena analyze the microbial community in volcanically active soils. In a mofette close to the Czech river Plesná in north-western Bohemia, the team around Prof. Dr. Kirsten Küsel ...

Eggs and chicken instead of beef reap major climate gains

3 hours ago

Beef on our plates is one of the biggest climate villains, but that does not mean we have to adopt a vegan diet to reach climate goals. Research results from Chalmers University of Technology show that adopting ...

Local action needed to protect nature from global warming

5 hours ago

Stronger local management can increase the resilience of nature to the impacts of climate change, writes an international team of researchers in Science. The authors examined three UNESCO World Heritage Sites: ...

Deforestation is messing with our weather and our food

5 hours ago

Today, the National Socio-Environmental Synthesis Center (SESYNC) at the University of Maryland published new research in Nature Communications providing insight into how large-scale deforestation could ...

User comments : 3

Adjust slider to filter visible comments by rank

Display comments: newest first

omatumr
1 / 5 (6) Dec 03, 2011
The European Commission unveiled a new 6.5-billion-euro fund


I thought the EU was bankrupt. Please explain.

With kind regards,
Oliver K. Manuel
http://myprofile....anuelo09
ryggesogn2
1 / 5 (3) Dec 03, 2011
MarkyMark
5 / 5 (2) Dec 03, 2011
The European Commission unveiled a new 6.5-billion-euro fund


I thought the EU was bankrupt. Please explain.

With kind regards,
Oliver K. Manuel
Avid Paedofile for NASA
And Neutron fantasist.
http://myprofile....anuelo09

No! Now go away and do something you are familuar with such as loving your children.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.