In view of the global evaluation of the Sustainable Fisheries Partnership Agreements (SFPAs) that will be carried out by the Commission in 2021, the author highlights the key points which will need to be assessed from the perspective of the impacts on African coastal communities. The author also suggests essential improvements to be made for the future of SFPAs so that they better respond to the needs of these communities.
As the European Commission launches a campaign to promote the consumption of EU aquaculture products, several NGOs warn of worrying developments in the aquaculture sector and recall that some forms of aquaculture are harmful and impact the livelihoods of small-scale fishing communities across the world.
Hand in hand with financial giants, environmental NGOs wield increasing influence over natural resource management in debtor nations, undermining their sovereignty. The author warns against the rising financialization of conservation and calls for safeguarding the rights of local populations from the expanding influence of US financial interests.
The EU should guarantee rights-based and equitable decision-making processes about ocean uses, ensuring the protection of the most vulnerable facing more powerful blue economy industries. Taking into account the role of artisanal fisheries in food security and poverty eradication in developing countries, the EU should also support SSF and sustainable fisheries management in its ocean partnership with African countries.
Closing the funding gap for biodiversity conservation is one of the critical topics at COP 16 and has been estimated at US$700 billion in the report "Financing Nature" published in 2020. However, this article critiques the estimate, arguing it is based on flawed assumptions. Using fisheries as an example, the author questions its validity and urges rejection by those opposing the financialisation of conservation.
In this article, the author underscores the ecological and social impacts of Norwegian intensive salmon farming, including the impact on food security in West Africa. The author remarks that while on the one hand, the European Union promotes fish for human consumption in Africa, on the other, the EU also opens wide its market gates for Norwegian farmed salmon, which is fed West African fish.
This article covers TNC’s recent debt-for-ocean swap with Gabon, involving US$500 million worth of debt. In exchange, the Gabonese government has committed to protect up to 30% of the oceans. The author looks in detail at the deal (Part 1) and the conservation commitments (Part 2), explores the problems with this deal in terms of debt justice and of ocean governance, and develops its implications for coastal communities.
The European Parliament is set to give its consent at the end of May to the new Sustainable Fisheries Partnership Agreement (SFPA) between the EU and Mauritius. This article outlines the challenges that Mauritian artisanal fisheries face and highlights the priorities for sectoral support in the future SFPA protocol to support this sector.
The FAO Guidelines for Sustainable Aquaculture can be improved by including the considerations of stakeholders that are currently facing the negative impacts of unsustainable aquaculture, and by openly addressing issues like the interactions with small scale fisheries, competing for coastal space and for access to resources like small pelagics in West Africa.
Joint statement - In the delivering on 30x30 and financing conservation, debt for nature swaps are gaining momentum. However, debt swaps should be rejected as they lack transparency and give undue power to foreign organisations over the policies of marine resources management of developing and small-island states.
The final declaration fails to appropriately acknowledge the role and importance of the biggest group of users of the ocean, - the artisanal fishers-, while it encourages private-public partnerships, capital market instruments and other forms of financing, that might end up destroying coastal fishing communities.
JOINT PRESS RELEASE: Small-scale fisheries are small in name only. Half a billion people – 7% of the global population – are at least partly dependent on them for food, employment and income. They are the largest group of ocean users, have contributed the least to the ocean emergency, and are among the most affected by it. Yet their needs, roles and rights are often ignored, and they are generally sidelined or excluded from major policy discussions that directly affect their lives and livelihoods.
The strategy of transforming seafood industry through voluntary partnerships and market-based incentives is the approach currently favoured by many environmental NGOs and donors. The case of Mauritania reduction fisheries “Fisheries Improvement Project” highlights the fundamental flaws with the corporate friendly approach and the urgent need to resist this model becoming normalised.
The PESCAO programme for the improvement of fisheries governance in West Africa, financed by the EU from the 11th EDF Regional funds, started in June 2017 and will end in June 2024. After nearly 4 years, an evaluation is underway to assess the results obtained and to see how to improve its implementation, in a context where the countries of the ECOWAS region are focusing on the development of a blue economy strategy.
Efforts to make blue economy sustainable have led to increasing calls for better regulations on investments. The European Commission has provided funding for the United Nations Environment Programme (UNEP) to launch the Blue Economy Finance Initiative (BEFI). The BEFI has been celebrated in international conferences about blue economy, however, this article highlights the inherent weaknesses of voluntary guidelines in mitigating the threats financial investors pose to the destruction of the planet.
This second article of our series on financialisation and the blue economy covers TNC’s recent debt-for-ocean swap in Belize, news about TNC’s “audacious plan” of other debt swaps in other countries, the history of debt swaps and how the recent swaps reflect the financialisaton of conservation and finally, why these debt swaps are worrying for small-scale fisheries.
In view of the summit that will bring together the leaders of the European Union and the African Union in Brussels on 17th and 18th February 2022 and in the context of the International Year of Artisanal Fisheries and Aquaculture (IYAFA), six civil society and professional organisations call the EU and AU to take concrete action in three key areas. Click on the link to read more.
