The Food and Agriculture Organization (FAO) Committee on Fisheries will conclude its 34th session today.
The committee will table a declaration for sustainable fisheries and aquaculture for possible adoption. Some of the key topics on the agenda have been the current state of fisheries and aquaculture, the effects of climate change, sustainable growth, and the livelihoods of coastal communities.
The fishing and aquaculture landscape has been drastically altered by the effects of COVID-19. Production and supply chains in affected industries have been interrupted by lockdowns and shifts in consumer behavior, marking the first drop in global aquaculture production in years.
With aquaculture and fisheries expecting further disruptions in 2021, expect FAO to focus on supporting developing economies to cushion trade revenue declines. In the medium- to long-term, future growth across the industry will require FAO to develop mechanisms to strengthen fisheries management regimes and create climate-resilient practices for developing and developed economies. To achieve any level of considerable success, it will be imperative for the largest producers to adopt more sustainable solutions. World Trade Organization negotiations for an agreement on fishing subsidies will be an important part of this ongoing issue directly tied to food security.
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