ID 6515
Submitting Entity World Bank
Submitted for Fifth Ordinary Meeting of the Conference of the Parties to the Convention on Biological Diversity (COP 5)
Main Information
Title Subsidies in World Fisheries- , A Reexamination
Description This study argues that many of the traditional most highly valued fish stocks are fully or overexploited in a biological sense, and that in economic terms most fisheries employ excessive fishing effort to reach current levels of production. Ineffective management is identified to be the fundamental cause for this over-fishing and the excessive use of inputs. Fisheries management effectiveness is undermined by the very subsidies that are provided to maintain fisheries sector income. The report examines the role of subsidies in explaining the mismatch between fishing effort and biological production capacity, based on case studies for Japan, the European Union, Norway, the United States, Russia and China.
Web Link /doc/case-studies/inc/cs-inc-wb-01-en.pdf
Additional Information
Authors Matteo Milazzo
Source World Bank Technical Paper No. 406 (1998).
Ecosystems Marine and Coastal Biodiversity
Regions Global
Incentive Measures Reform of Perverse Incentives
Keywords Subsidy reform
  • United Nations
  • United Nations Environment Programme