Given scarce resources in the EU and UK, it’s especially important that fishing privileges are allocated in a way that best serves national sustainability interests—and now is the time to invest. This month, the European Council approved proposals to reform the Common Fisheries Policy (CFP), the EU’s framework for fisheries management. The new policy calls for Member States to end discarding and restore fisheries to sustainable levels. It mandates implementation of systems for allocation of fishing opportunities that are transparent and objective, and that take into consideration environmental and social criteria, as well as historical catch rates.
Regrettably, the fisheries policy reforms to the CFP lack the funds necessary to achieve its objectives. Shortly after the policy puzzle pieces fell into place, Parliament’s Fisheries Committee took up the accompanying funding legislation – the European Maritime Fisheries Fund (EMFF) –and shot itself in the foot. Unlike the Council of Ministers, the Parliament’s Committee voted not to provide member states, and potentially other stakeholders such as Producer Organizations, with financial support for designing, monitoring and engaging stakeholders in the process of developing fair and transparent allocation schemes. Instead, the Committee voted to re-institute boat-buying and engine-modernizing subsidies, which undermines sustainability by prodding fishermen to increase their fishing capacity. Read More