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Illegal, Unreported, and Unregulated (IUU) Fishing poses a global challenge and has significant economic and environmental repercussions. [5] The impact of IUU fishing includes economic losses, job losses, scarcity, price distortion, food insecurity and unfair competition, [6] together with the depletion of fish populations and damages to the marine habitat. [7]
The Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing (referred to in short as the Port State Measures Agreement (PSMA)) is a 2009 international treaty of the Food and Agriculture Organization (FAO) designed to prevent and eliminate illegal, unreported and unregulated fishing.
Illegal and unreported fishing contributes to the reduction in fish stocks and hinders the ability for fish populations to recover. It is believed that between 10 billion and 23 billion instances of illegal and unreported fishing happen annually, with communities in developing countries being more likely to partake in these illegal activities. [47]
As illegal, unregulated and unreported fishing—or IUUF—strains global fish populations, world leaders are paying more attention to the sea. Competition over dwindling fish resources has led to ...
Unreported and unregulated fishing takes in 11 million to 26 million metric tonnes of fish each year worth $10 billion to $23 billion, according to the U.N. Food and Agriculture Organization.
In 2020, the Coast Guard declared illegal, unregulated and unreported fishing—or IUU—the top global security threat in the high seas, and since then has worked to step up operations in the ...
Fisheries crime describes the wide range of criminal activity that is common along the entire value chain of the fishing sector. [1] It often occurs in conjunction with Illegal, unreported and unregulated fishing (IUU), but next to illegal fish extraction include for example corruption, document fraud, tax evasion, money laundering, kidnapping, human trafficking and drug trafficking. [1]
A fisheries subsidy is a government action that confers an advantage on consumers or extractors of fish in order to supplement their income or lower their cost. Fisheries subsidy are addressed in sustainable development goal 14 where target 14.6 works on prohibiting subsidies contributing to overcapacity and over fishing, unreported and unregulated fishing and refrain from new such subsidies.