Sustainable fisheries

Financial Support to Fisheries: Implications for Sustainable Development
OECD Observer

The fisheries sector in OECD countries receives around $6.4 billion a year in transfers from governments. Around 38% of the transfers are provided for the management, research and enforcement of fisheries while 35% is directed to the provision of fisheries infrastructure, from harbour and landing facilities, to navigation services, and search and rescue support.

The remaining transfers are in the form of direct payments to the sector or transfers that the reduce costs of fishing, including vessel construction and modernisation payments, decommissioning schemes, income support, fuel tax exemptions and interest rate concessions, to name but a few.

All OECD countries provide some form of financial support to their fisheries sectors. The type and level of support vary greatly between countries and take the form of either general support, such as the provision of management, research and enforcement services, or more targeted support, such as payments for vessel construction and modernisation, income support, tax exemptions and loan guarantees.

But what impact do these various forms of support have on activity in the fisheries sector? How do they affect goals such as sustainable development, efficiency and prices?

A new report, Financial Support to Fisheries: Implications for Sustainable Development, explores the range of economic, environmental and social effects of financial support to the fisheries sector in OECD countries. It offers a broad insight into the efficacy of different types of support in meeting policy objectives, identifies actual and potential areas of policy incoherence, and highlights any trade-offs of different policy goals.

Financial Support to Fisheries: Implications for Sustainable Development, ISBN 9264036636

©OECD Observer No 254, March 2006




Economic data

E-Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Suscribe now

<b>Subscribe now!</b>

To receive your exclusive paper editions delivered to you directly


Online edition
Previous editions

Don't miss

  • How do the largest community of British expats living in Spain feel about Brexit? Britons living in Orihuela Costa, Alicante give their views.
  • Brexit is taking up Europe's energy and focus, according to OECD Secretary-General Angel Gurría. Watch video.
  • OECD Chief Economist Catherine Mann and former Bank of England Governor Mervyn King discuss the economic merits of a US border adjustment tax and the outlook for US economic growth.
  • Africa's cities at the forefront of progress: Africa is urbanising at a historically rapid pace coupled with an unprecedented demographic boom. By 2050, about 56% of Africans are expected to live in cities. This poses major policy challenges, but make no mistake: Africa’s cities and towns are engines of progress that, if harnessed correctly, can fuel the entire continent’s sustainable development.
  • OECD Observer i-Sheet Series: OECD Observer i-Sheets are smart contents pages on major issues and events. Use them to find current or recent articles, video, books and working papers. To browse on paper and read on line, or simply download.
  • How sustainable is the ocean as a source of economic development? The Ocean Economy in 2030 examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • They are green and local --It’s a new generation of entrepreneurs in Kenya with big dreams of sustainable energy and the drive to see their innovative technologies throughout Africa. blogs.worldbank.org
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at www.oecd.org/careers .

Most Popular Articles

OECD Insights Blog

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2017