Las Subvenciones a la Pesca en una Encrucijada

The author argues that while the 2022 WTO Agreement on Fisheries Subsidies ('Fish 1') was a historic first step in banning the most harmful subsidies, it is insufficient to address structural causes of overfishing. The upcoming MC14 in Yaoundé, Cameroon, is presented as a vital opportunity to commit to 'Fish 2'—additional disciplines targeting general overcapacity. This is urgent because a 'termination clause' threatens to void the entire 2022 agreement by September 2029 if comprehensive disciplines are not adopted. The document highlights that global fisheries subsidies exceeded USD 35 billion in 2018, with over 80% benefiting industrial fleets, thereby undermining ocean sustainability and the livelihoods of coastal and island developing states.

• The 2022 Agreement on Fisheries Subsidies ('Fish 1') prohibits subsidies in the most clearly harmful scenarios, specifically those related to illegal, unreported, and unregulated (IUU) fishing, fishing of overexploited stocks without recovery measures, and unregulated high seas fishing.
• Global fisheries subsidies are heavily skewed toward industrial operations; in 2018, total subsidies exceeded USD 35 billion, with more than 80% allocated to large-scale industrial fleets and only 19% to small-scale fisheries.
• The 2022 agreement contains a 'termination clause' stating that if comprehensive disciplines are not adopted within four years of its entry in force (which occurred in September 2025), the agreement will terminate immediately unless the General Council decides otherwise, setting a deadline of September 2029.
• Proposed 'Fish 2' negotiations aim to create preventive disciplines against subsidies that contribute generally to fleet overcapacity and overfishing, rather than just addressing specific alarmist situations, to prevent fleets from exceeding sustainable limits.

APA

Sarmiento, F. (n.d.). Las Subvenciones a la Pesca en una Encrucijada. International Institute for Sustainable Development. https://www.iisd.org/es/articles/policy-analysis/fisheries-subsidies-mc14

Chicago

Sarmiento, Florencia. Las Subvenciones a la Pesca en una Encrucijada. International Institute for Sustainable Development, n.d. https://www.iisd.org/es/articles/policy-analysis/fisheries-subsidies-mc14.

Wikipedia

{{cite report |last1=Sarmiento |first1=Florencia |title=Las Subvenciones a la Pesca en una Encrucijada |publisher=International Institute for Sustainable Development |url=https://www.iisd.org/es/articles/policy-analysis/fisheries-subsidies-mc14 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{sarmientondlas, author = {Sarmiento, Florencia}, title = {{Las Subvenciones a la Pesca en una Encrucijada}}, institution = {International Institute for Sustainable Development}, url = {https://www.iisd.org/es/articles/policy-analysis/fisheries-subsidies-mc14}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }