The G7 should take the lead on ocean targets for 2020
Summary
Peter Thomson, UN Special Envoy for the Ocean, urges G7 leaders to lead on ocean targets for 2020, specifically focusing on ending overfishing, prohibiting harmful fisheries subsidies, and expanding marine protected areas to reach the 10% conservation goal.
Key insights
- Four Sustainable Development Goal 14 (SDG14) targets must be met by 2020, two of which concern fishing: restoring fish stocks by ending overfishing, IUU (illegal, unreported and unregulated) fishing, and destructive practices, and prohibiting subsidies that support these activities.
- Harmful fishing is supported by up to $30 billion in annual subsidies, which prop up destructive fishing that would otherwise be unprofitable.
- The other two 2020 targets focus on marine conservation: sustainably managing and protecting marine and coastal ecosystems to build resilience and restoration, and conserving at least 10% of coastal and marine areas.
- The world's network of marine protected areas (MPAs) currently covers 7.26% of the ocean, following the addition of 6.6 million square kilometres in the last 12 months by countries including the UK, USA, Chile, and Mexico.
Cite the original document
- APA
- Thomson, P. (2018). The G7 should take the lead on ocean targets for 2020. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/the-g7-should-take-the-lead-on-ocean-targets-for-2020/
- Chicago
- Thomson, Peter. The G7 should take the lead on ocean targets for 2020. World Economic Forum, 2018. https://www.weforum.org/stories/nature-and-biodiversity/the-g7-should-take-the-lead-on-ocean-targets-for-2020/.
- Wikipedia
- {{cite press release |last1=Thomson |first1=Peter |title=The G7 should take the lead on ocean targets for 2020 |publisher=World Economic Forum |date=8 June 2018 |url=https://www.weforum.org/stories/nature-and-biodiversity/the-g7-should-take-the-lead-on-ocean-targets-for-2020/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{thomson2018should, author = {Thomson, Peter}, title = {{The G7 should take the lead on ocean targets for 2020}}, publisher = {World Economic Forum}, year = {2018}, month = jun, url = {https://www.weforum.org/stories/nature-and-biodiversity/the-g7-should-take-the-lead-on-ocean-targets-for-2020/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated