11/11/2024 | Press release | Distributed by Public on 11/11/2024 23:46
Africa's fisheries sector is essential for over 400 million people, providing critical food sources and livelihoods, especially in coastal and island communities. However, overexploitation of marine resources, often driven by subsidies that encourage unsustainable fishing, has depleted fish stocks and undermined local economies. In response, the WTO Agreement on Fisheries Subsidies, adopted in 2022, aims to curb harmful subsidies, reduce illegal fishing, and promote sustainable fisheries management globally. This agreement holds special significance for African nations, enabling them to protect resources and increase local economic benefits without restricting domestic fisheries development.
The African Union (AU) has long prioritized sustainable fisheries and aquaculture, advancing governance through frameworks like the 2014 Malabo Declaration and the 2019 Africa Blue Economy Strategy. To support African countries in ratifying and implementing the WTO Agreement, this webinar-organized by the African Union Development Agency (AUDA-NEPAD) in collaboration with IISD-will provide insights into the agreement's provisions, share ratification experiences, and explore support mechanisms like the WTO Fisheries Funding Mechanism and IISD's Self-Assessment Tool. This session aims to build momentum for ratification and support sustainable, long-term fisheries management across Africa.
This webinar is designed for government officials, especially from AU Member States, who are involved in fisheries, foreign affairs, finance, and trade sectors. The event is also open to representatives from regional bodies, AU organizations, and development partners supporting Africa's sustainable fisheries initiatives.
Participants will gain insights into the agreement's key provisions, hear about the experiences of African countries that have completed ratification, and explore mechanisms for post-ratification support. The webinar will emphasize the importance of this agreement in combating harmful fishing subsidies and enhancing sustainable fisheries management, which is critical for Africa's food security, economic stability, and marine resource conservation.
3:00-3:10 pm. Welcoming remarks
3:10-3:30 pm. The WTO Agreement on Fisheries Subsidies: An explainer
3:30-3:50 pm. Support for Implementation: The WTO Fisheries Funding Mechanism
3:50-4:10 pm. The Self-Assessment Tool for the Implementation of the WTO Fisheries Subsidies Agreement
4:10-4:40 pm. Experiences and lessons learned by African Member States who have successfully deposited their instrument of acceptance
4:40-4:55 pm. Q&A
4:55-5:00 pm. Closing remarks