5 Ways Harmful Fisheries Subsidies Impact Coastal Communities
Our planet’s health—and our own well-being—is dependent on a vibrant ocean rich with natural resources. Oceans provide but must also thrive. Sustainable fishing can be an effective way to balance the needs of people and nature by protecting complex, interconnected ecosystems while providing food security and livelihoods for coastal communities. But there is one big barrier in the way of this vision: taxpayer-funded support for unsustainable fishing operations.
An estimated $22 billion is spent by governments every year to offset the cost of expenses such as fuel, fishing gear, and building new vessels. And these payments that prop up the fishing industry and drive overfishing around the world have a disproportionate impact on the most vulnerable coastal communities.
Read the rest at the WWF site here
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