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Towards an end to subsidies that promote overfishing

Overfishing is one of the main problems for the health of our ocean. And the provision of negative subsidies to the fishing sector is one of the fundamental causes of overfishing.

Fishing subsidies are financial contributions, direct or indirect, that public entities grant to the industry.

Depending on their impacts, they can be beneficial when they promote the growth of fish stocks through conservation and fishery resource management tools. And they are considered negative or detrimental when they promote overfishing with support for, for example, increasing the catch capacity of a fishing fleet.

It is estimated that every year, governments spend approximately 22 billion dollars in negative subsidies to compensate costs for fuel, fishing gear and vessel improvements, among others. 

Recent data show that, as a result of this support, 63% of fish stocks worldwide must be rebuilt and 34% are fished at "biologically unsustainable" levels.

Although negotiations on fisheries subsidies, within the framework of the World Trade Organization, officially began in 2001, it was not until the 2017 WTO Ministerial Conference that countries committed to taking action to reach an agreement.

This finally happened in June 2022, when member countries of the World Trade Organization reached, after more than two decades, a binding agreement to curb some harmful fisheries subsidies. It represents a fundamental step toward achieving the effective management of our fisheries resources, as well as toward ensuring global food security and the livelihoods of coastal communities.

The agreement reached at the 12th WTO Ministerial Conference provides for the creation of a global framework to reduce subsidies for illegal, unreported and unregulated fishing; subsidies for fishing overexploited stocks; and subsidies for vessels fishing on the unregulated high seas. It also includes measures aimed at greater transparency and accountability in the way governments support their fisheries sector.

The countries agreed to continue negotiating rules to curb other harmful subsidies, such as those that promote fishing in other countries' waters, overfishing and the overcapacity of a fleet to catch more fish than is sustainable.

If we want to have abundant and healthy fishery resources, it is time to change the way we have conceived fishing until now. We must focus our efforts on creating models of fishery use that allow for long-term conservation.

 

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Remembering Berta Cáceres before the Green Climate Fund

On March 3, Berta Cáceres, an indigenous rights defender in Honduras, was assassinated. As a leader of COPINH, Berta was fighting against the implementation of an internationally funded large dam project. She was fighting for the health of the Gualarque River, and for the lives and livelihoods of the indigenous communities that depend upon it.  Her death is a glimpse at the real life impacts that megaprojects may have. That’s why, at the closing of the 12th Meeting of the Board of the Green Climate Fund, I presented a message to the Board on behalf of the civil society organizations monitoring the development and decision making process of the mechanism. The message was intended as a reminder of the care with which financing decisions must be made, as the board prepares to review and approve more projects: “We would like to ask for a moment to remember Berta Cáceres, the indigenous environmental justice and human rights defender brutally murdered last week in Honduras. She was leading a fight against an internationally financed large dam that threatened her water, her land, and her people. We would like to ask all of you to do whatever you can to secure justice for Berta, and the immediate safe return of Gustavo Castro, head of Friends of the Earth Mexico, who was injured during the assassination and whose life is now in danger. Berta’s murder serves as a tragic reminder to the GCF of the incredible risks faced by rights defenders, and the deep need to safeguard their rights and the rights of the people and land they fight for.   The GCF must not support questionable projects like the one that claimed her life and must obtain in all of its projects and programmes the free, prior and informed consent of people and communities to protect their livelihoods and survival.”

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Fracking

The Precautionary Principle: A legal tool against the impacts of fracking

This report analyzes the viability of using the precautionary principle to prevent, avoid or stop fracking operations in Latin America. These measures can result in prohibitions or moratoriums, as has occurred in various states, provinces and cities across America and Europe. Fracking is a technique that enables the exploration of historically inaccessible reservoirs of natural gas or petroleum. Governments and businesses across the world have pushed for the exploration of these reservoirs due to declining global reserves of conventional hydrocarbons, thanks to 150 years of overexploitation. The exploitation of unconventional hydrocarbons is technically more difficult, has a higher economic cost, and implies greater risks to the environment and public health.Promoting fracking to extract unconventional hydrocarbons is a bad decision on climatic, political, social and environmental levels. It deepens our dependence on fossil fuels and wastes energy and resources that should be directed at developing renewable energies.That's why we felt it important to examine the viability of applying the precautionary principle as a legal tool to avoid or slow down the risks and damages caused by fracking, particularly in countries that have begun or are planning to begin fracking in coming years. Read and download the report (in Spanish) 

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Organizations condemn Eco Oro’ threat to sue Colombia over efforts to protect páramos

The Canadian company developing the Angostura gold mine in the high-altitude wetlands, or páramo, of Santurbán, has announced that it could file an international arbitration suit against Colombia over measures to protect the páramo, which is an important source of water in the country. Washington/Ottawa/Bogotá/Bucaramanga/Ámsterdam – Civil society organizations condemn Eco Oro Minerals’ announcement that it will initiate international arbitration against the Colombian state. Eco Oro has stated its intention to sue Colombia under the investment chapter of the Canada Colombia Free Trade Agreement over measures that the Andean state has taken to protect the Santurbán páramo and páramos around the country from harmful activities such as large-scale mining. Eco Oro Minerals’ Angostura proposed gold mine in Santurbán has financial backing from the World Bank’s International Finance Corporation. The company argues that it will lose money because of the demarcation of the páramo and the recent decision from the Constitutional Court of Colombia reaffirming the prohibition against mining in all Colombian páramos. The company stated in a news release that it could bring the dispute to international arbitration and seek “monetary compensation for the damages suffered.” “Since the Angostura project got underway, it has been clear that páramos are constitutionally and legally protected and that this project could affect Santurbán, such that it might not be authorized. States should not be sanctioned for protecting their water sources, given that they are doing so in accordance with national and internacional obligations,” remarked Carlos Lozano Acosta from the Interamerican Association for Environmental Defense (AIDA). The páramos are the source of 70% of the fresh water that is consumed in Colombia and are essential for mitigating climate change.  The proposed gold mine was already the subject of a complaint to the Compliance Advisor Ombudsman of the International Finance Corporation (IFC). The Committee in Defense of the Water and Páramo of Santurbán filed the complaint in 2012. The IFC is the part of the World Bank Group exclusively focused on the private sector. A report based on this investigation is expected in the coming months. “The implication and the irony of Eco Oro’s statement is that the IFC’s investment in the company could be used to litigate against member states of the World Bank. It’s time for the IFC to withdraw its investment from this company,” stated Carla García Zendejas from CIEL. “In 2011, the Colombian Ministry of the Environment denied an environmental permit for the Angostura project, demonstrating its inviability. The Constitutional Court’s decision reaffirmed this, finding that the right to water and the protection of the páramos takes precedent over the economic interests of companies trying to develop mining projects in these ecosystems,” commented Miguel Ramos from the Santurbán Committee. “Just as has we have seen in El Salvador, where the state is being sued for US$250 million for not having granted a Canadian company a mining permit when the company did not even fulfill local regulations, the international arbitration system enshrined in neoliberal investment agreements is a real threat to the sovereignty of states and peoples to decide over highly important issues, such as water,” said Jen Moore from MiningWatch Canada. The organizations call on the company to abstain from arbitration against the Colombian state and note the risk that other companies with projects in the Santurbán páramo could follow Eco Oro’s example. Find additional information here. 

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