EU Aid to Fisheries Has Not Protected the Oceans, According to a Devastating Report
2 Articles
2 Articles
EU aid to fisheries has not protected the oceans despite the fact that Brussels has allocated tens of billions of euros to the sector over the past three decades, according to an analysis that questions the environmental and economic efficiency of these investments.The report prepared by the environmental organisation Bloom argues that European subsidies have favoured fishing models that contribute to the degradation of marine ecosystems, while …
Madrid.- EU subsidies to fisheries over the past 30 years have led to ‘the degradation of the oceans’, as well as the livelihoods of local communities, and have weakened food sovereignty and the sector’s own economic performance, according to an in-depth analysis by the environmental organisation Bloom. The document, entitled ‘Thousands of millions wasted’, states that the result of ‘huge investment’ with targeted subsidies to the fisheries sect…
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