Prohibit subsidies contributing to overcapacity and overfishing

  • Objective

Name

Prohibit subsidies contributing to overcapacity and overfishing

Description

Governments often provide subsidies to the fishing industry, which can lead to an increase in the capacity of fishing fleets beyond sustainable levels. This overcapacity can result in overfishing, where fish stocks are depleted faster than they can replenish. To address this, countries can take action to prohibit subsidies that contribute to overcapacity and overfishing. By eliminating these subsidies, governments discourage excessive fishing efforts and promote sustainable fishing practices.