World Trade Organization Talks on Subsidies that Contribute to Overcapacity and Overfishing: What's on the table?
Summary
The document outlines the ongoing efforts by WTO members to expand the 2022 Agreement on Fisheries Subsidies. It focuses on draft rules circulated on April 12, 2024, by the chair of the Rules Negotiating Group, aimed at preventing government financial support from creating excessive fishing pressure and harming marine resources.
Key insights
- Following the 2022 Agreement on Fisheries Subsidies, WTO members are negotiating broader global disciplines to prevent government financial support from leading to excessive fishing pressure, which is seen as essential for protecting marine resources, food security, and livelihoods.
- The current basis for negotiations is a draft text circulated to WTO members on April 12, 2024, by Ambassador Gunnarsson of Iceland, the chair of the Rules Negotiating Group.
- The original 2022 Agreement on Fisheries Subsidies created a legally binding framework to limit subsidies for fishing of overfished stocks, subsidies to vessels on the unregulated high seas, and illegal, unreported and unregulated (IUU) fishing.
Cite the original document
- APA
- Irschlinger,, T. (2024). World Trade Organization Talks on Subsidies that Contribute to Overcapacity and Overfishing: What's on the table? International Institute for Sustainable Development. https://www.iisd.org/publications/report/world-trade-organization-fisheries-subsidies-update
- Chicago
- Irschlinger,, Tristan. World Trade Organization Talks on Subsidies that Contribute to Overcapacity and Overfishing: What's on the table? International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/report/world-trade-organization-fisheries-subsidies-update.
- Wikipedia
- {{cite report |last1=Irschlinger, |first1=Tristan |title=World Trade Organization Talks on Subsidies that Contribute to Overcapacity and Overfishing: What's on the table? |publisher=International Institute for Sustainable Development |date=14 May 2024 |url=https://www.iisd.org/publications/report/world-trade-organization-fisheries-subsidies-update |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{irschlinger2024world, author = {Irschlinger,, Tristan}, title = {{World Trade Organization Talks on Subsidies that Contribute to Overcapacity and Overfishing: What's on the table?}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = may, url = {https://www.iisd.org/publications/report/world-trade-organization-fisheries-subsidies-update}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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