Guest author: Erik Lindebo, Brussels
Today the European Parliament adopted the European Maritime and Fisheries Fund (EMFF), which establishes the financial framework for the Common Fisheries Policy (CFP) for 2014-20. The Council is expected to agree to the text in the coming weeks, after which the new EMFF will be officially adopted by the Institutions and published in the Official Journal in June, at which point it will formally enter into force.
The new EMFF is a clear step in the right direction and should assist Member States and the fishing industry to further reduce unsustainable fishing practices.
It offers financial assistance for a variety of measures aimed at implementing the reformed CFP. Particularly encouraging is the inclusion of:
- Support for investments that enable fishermen to purchase fishing gear and equipment that avoids catching unwanted fish and that facilitates handling, landing and storage of unwanted species. This assistance will provide robust incentives for fishermen to change catching behaviour and ease the overall transition of the fishing industry to more sustainable practises. Read More