Potential Implementation Steps of a WTO Agreement on Fisheries Subsidies
Key Messages
- WTO members negotiating new multilateral disciplines to curb harmful fisheries subsidies should begin preparing for the reform of these support measures. In many cases, such reform would be useful in supporting more sustainable fisheries irrespective of whether an agreement is reached at the WTO.
- There are various practical steps that WTO members could consider to implement fisheries subsidy reform. While some of these steps are general, including establishing a subsidy inventory and crafting a subsidy reform program, others are more focused on the specific rules currently negotiated at the WTO.
- This may be an opportune time for donors and technical assistance providers to assess whether and how existing programs can be leveraged to assist developing countries with reforming fisheries subsidies.
Members of the WTO are negotiating new rules on fisheries subsidies with the aim of concluding a multilateral agreement on this issue by the end of 2020. However, there is currently very little guidance available about the reform of fisheries subsidies, either in the context of a possible WTO agreement or to guide unilateral reform.
This policy brief sets out some early thinking about the possible implementation of new WTO subsidy rules. It starts by presenting general implementation steps WTO members could take to fulfill their obligations for subsidy reform under agreed disciplines, irrespective of any specific rules. It then describes some of the more concrete steps that might be required to implement particular disciplines in the three main substantive areas under discussion at the WTO—i.e., subsidies that contribute to (1) illegal, unreported, and unregulated fishing, (2) the fishing of overfished stocks, and (3) overcapacity and overfishing more broadly. Finally, the brief shortly discusses the role of technical assistance in helping developing WTO members to successfully reform their fisheries subsidies, including through a potential change in the focus of existing assistance programs.
.
You might also be interested in
Assessing and Managing Fishing Capacity in the Context of World Trade Organization Disciplines on Fisheries Subsidies
This brief provides general background on defining and measuring fishing capacity in the context of WTO disciplines on fisheries subsidies
WTO Negotiations on Fisheries Subsidies Update: What's the state of play?
This update provides an overview of the key questions that WTO Members will need to answer in the final phase of negotiations on fisheries subsidies.
Achieving a Fossil-Free Recovery
This report lays out concrete options for governments to achieve net-zero and sustainable development goals by using recovery spending to support the transition to clean energy and a resilient, fossil-free economy.
Compilation of WTO Notifications on Fisheries Subsidies
This compilation brings together all the information related to subsidies to marine wild capture fisheries contained in World Trade Organization (WTO) members' subsidy notifications.