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OECD criticizes subsidies, calls for better global fisheries management

December 11, 2020 — The Organization for Economic Co-operation and Development has published its annual report on global fisheries, outlining how governments are addressing the key challenges faced by their fishing sectors and suggesting priorities for action at the national and international level.

The OECD Review of Fisheries 2020, published 10 December, is based on an in-depth analysis of the latest data reported by OECD countries and partner economies. A major finding of the review is that some current fisheries policies are continuing to contribute towards the overexploitation of stocks. As a result, progress towards achieving the United Nations’ Sustainable Development Goal (SDG) 14 of the 2030 Agenda for Sustainable Development has slipped. The goal’s objective of restoring all fish stocks “at least to levels that can produce maximum sustainable yield as determined by their biological characteristics” by the end of 2020, has not been reached at a global level, largely due to lack of progress on policy reforms.

Read the full story at Seafood Source

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