100 million US$ goal to scale up sustainable fishing, to safeguard the ocean and sustainable seafood supplies over the next decade.
100 million US$ goal to scale up sustainable fishing. An ambitious goal to mobilise US$100 million to safeguard the ocean and sustainable seafood supplies over the next decade has been unveiled by the MSC. The combined pressures on the ocean: climate change, overfishing, habitat destruction and poor fisheries management, are presenting a major challenge for communities who rely on fishing for their livelihoods and nutrition. The MSC is responding to these enormous challenges by funding innovative research and supporting fisheries at all stages on the path to sustainability. The US$100 million will be channelled through the Ocean Stewardship Fund, which has already mobilised $10 million through MSC label royalties and third-party donations. The significant expansion of the fund is also crucial to support more fisheries on their path to sustainability, particularly small-scale fisheries and those in emerging economies. Small-scale fisheries employ around 90% of the wild capture ...
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