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Ocean Fish Populations at Risk: How WTO Subsidies Still Fuel Overfishing
Ocean fish populations are under pressure, and public money is still part of the problem. The World Trade Organization adopted a Fisheries Subsidies Agreement to curb harmful funding tied to illegal fishing, but major loopholes remain. Billions of dollars in government support continue to prop up industrial fleets that contribute to overcapacity and overfishing.
Research published in Nature estimates that governments provide approximately 35 billion USD annually in fisheries subsidies, with the majority considered harmful or capacity enhancing. While the WTO agreement marks progress, it does…
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