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News
May 25 - 2023
EN Europe

Political agreement lowers Norway's proposed salmon tax to 25 percent

Seafood Source

Multiple political parties in Norway have reportedly reached an agreement on a new resource rent tax on aquaculture with a reduced tax rate of 25 percent, down from the originally proposed 40 percent.
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Investment and subsidies / Salmon
Research
Apr 01 - 2023
EN Europe

European Union Fact Sheet: European Fisheries in Figures

European Parliament

The tables below show basic statistical data in several areas relating to the common fisheries policy (CFP), namely: the fishing fleet of the Member States in 2024 (Table I), the situation of employment in the fisheries (2021), aquaculture (2020) and fish processing (2021) sectors (Table II), the production, import and export of fisheries and aquaculture products in 2021 (Table III), the apparent and per capita consumption of fisheries and aquaculture products in 2021 (Table IV), and the prospective resource allocations of the European Maritime, Fisheries and Aquaculture Fund (EMFAF) from 2021 to 2027 (Table V).
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Investment and subsidies / Labor
News
Sept 26 - 2024
EN Global

Mowi plans huge growth – along with major cost cuts

Fish Farmer Magazine

Presenting its Capital Markets Day in Trondelag, the world’s largest producer of Atlantic salmon has spelled out a strategy to cement its leading position in the industry in the coming years.
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Investment and subsidies / Salmon
Research
Nov 01 - 2023
EN Global

Sovereign ESG bonds in the global south: 10 questions for those concerned about debt and climate justice

European Network on Debt and Development

An introduction to sovereign ESG bonds and explores some of the limitations and risks around the push for ESG financing as a way for global south countries to close the financing gap for Sustainable Development Goals (SDGs) and climate action. By Dr. Andre Standing
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Investment and subsidies / Marine Protected Areas / Biodiversity loss
Research
Oct 01 - 2023
EN Global

The Financialization of Marine Conservation: The Case of Debt-for-Ocean Swaps

Society for International Development

Several concerns exist about debt-for-ocean swaps, opaque transactions from the perspective of debt justice and the democratic and equitable governance of marine resources. Debt-for-ocean swaps illustrate the pace at which financialization has transformed international approaches to conservation and the risks that this brings. By Dr. Andre Standing
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Investment and subsidies / Marine Protected Areas / Biodiversity loss
Investigative Journalism
Feb 28 - 2019
EN Global

Big Ag Eyes Big Aquaculture

Food & Power

The world is eating more farmed fish, and global grain traders intend to control the fish feeding business much as they control the feeding of other farm animals.
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Investment and subsidies / UN: FAO Committee on Fisheries / Recirculating Aquaculture Systems (RAS)
Paywall on this site
News
Oct 20 - 2023
EN Europe

Consultancy's Positive Findings Put Avramar Close to Vital Loan Approval

Undercurrent News

The Mediterranean's largest seabass and seabream farmer is on the verge of securing an important bridge loan from creditor banks following a comprehensive biomass inventory report.
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Investment and subsidies / Sea Bass / Sea Bream
Investigative Journalism
Nov 13 - 2024
EN Global

ICES experts propose redefining the concepts of ‘open ocean’ and ‘exposed aquaculture’

misPeces

Clear definitions help assess site feasibility, choose the right species and technologies, and optimize operations and maintenance. What criteria should define a type of sea farm? Its distance from the coast or what extreme conditions will it face? While it may seem interchangeable to use terms like ‘open ocean’ and ‘exposed aquaculture,’ the appropriate use of terminology enables regulators, equipment designers, insurers, and farm managers to better understand the conditions at proposed sites, ensuring more informed decision-making.
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Infrastructure (Cages or processing plants) / Investment and subsidies / Legislation
News
Nov 13 - 2024
EN North America

EPA wants public comment on a proposed aquaculture project in the Gulf near Sarasota

WMNF

An aquaculture project is planned for the Gulf of Mexico off of Sarasota County. There’s pushback from environmental groups and a deadline is fast approaching for the public to comment on modifications to the permit. By Chris Young
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Infrastructure (Cages or processing plants) / Investment and subsidies / Legislation
News
Nov 13 - 2024
EN North America

US offshore aquaculture industry launches campaign to increase Congressional support

Seafood Source

Stronger America Through Seafood (SATS), a coalition of stakeholders in the U.S. aquaculture industry, has launched a month-long campaign to educate federal lawmakers and their staff about aquaculture and raise support for offshore finfish farming. By Nathan Strout
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Investment and subsidies / Value chain / Legislation
Research
Oct 16 - 2024
EN Global

Transparency in aquaculture subsidy reporting urgently needed

Science Advances

In this special issue of Science Advances, Quaade et al. (1) report that aquaculture (i.e., fish farming) production data are 'sparse, self-reported, and aggregated' and that this limits the effective understanding and monitoring of the industry’s trends and potential risks. The authors then build a manual survey of aquaculture production from remote sensing imagery. If aquaculture production data are sparse, then data on the amounts and types of subsidies provided to the sector are almost nonexistent. By U. Rashid Sumaila
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Investment and subsidies / Infrastructure (Cages or processing plants) / Regulatory
Research
Nov 08 - 2021
EN Global

Understanding the Conservation Finance Industry

Coalition for Fair Fisheries Arrangements

An introduction to how US conservation organisations have been taken over by big finance. By Dr. Andre Standing
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Biodiversity loss / Climate change / Marine Protected Areas / Investment and subsidies
Research
Nov 15 - 2023
EN Global

Gabon’s Odious Debt-for-ocean Swap: The implications for ocean governance

Coalition for Fair Fisheries Arrangements

The Nature Conservancy's debt-for-ocean swap with Gabon will result in protection for 30% of Gabon's oceans, but brings in question issues of debt justice, ocean governance, and implications for coastal communities. By Dr. Andre Standing
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Investment and subsidies / Marine Protected Areas / Biodiversity loss / Small-scale fishers
Investigative Journalism
May 23 - 2024
EN Europe

Wherever produces bass and bream, we're interested': Greek company hunts for acquisitions

Intrafish

Philosofish plans to double revenue through acquisitions and product launches as it sees 'good signs' on Mediterranean bass and bream prices.
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Investment and subsidies / Value chain / Sea Bass / Sea Bream
News
Sept 15 - 2024
EN Europe

First large-scale UK onshore salmon project at risk over ‘factory farm’ claims

The Guardian

Animal rights campaigners win a judicial review over pioneering £120m scheme at Grimsby port.
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Infrastructure (Cages or processing plants) / Animal Ethics / Investment and subsidies / Lawsuits / Salmon
Research
Apr 15 - 2024
EN Global

Balancing protection and production in ocean conservation

Nature Portfolio

With the acceleration of the global biodiversity and climate crises, the need to protect and sustainably manage ocean resources has never been greater. However, the science needed to integrate ocean protection (through marine protected areas and OECMs) and sustainable production in the blue economy (particularly pelagic fisheries) remains underdeveloped and contested. The scientific divide and the knowledge gaps still remaining have created serious real-world challenges for practitioners seeking to reconcile protection and production approaches, and is hindering progress in achieving global conservation targets. Here, we identify the vital science necessary to bring together the 'twin pillars' of protection and production, integrating mutually reinforcing meaningful protections at scale, while also driving management of production systems to internationally accepted sustainability standards. The research community must rapidly develop this new horizon of ocean science – particularly in pelagic ecosystems - to aid countries and practitioners in achieving global conservation and sustainable development targets. By John N. Kittinger, Randi D. Rotjan, Quentin Hanich, Brendon Pasisi, Constance Rambourg
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Marine Protected Areas / Marine fauna / Biodiversity loss / Animal Ethics / Investment and subsidies
Research
Sept 01 - 2023
EN Global

Analysis of Farmed Seaweed Carbon Crediting and Novel Markets to Help Decarbonize Supply Chains

The Nature Conservancy

Interest in seaweed as a potential nature-based solution to climate change has skyrocketed in recent years. There is significant energy among NGOs, corporations, startups, governments, and others to explore how seaweed can play a role in sequestering carbon and reducing greenhouse gas (GHG) emissions in supply chains by substituting seaweed for other products, bring us closer to a net-zero emissions future. In partnership with Bain & Company, The Nature Conservancy (TNC) examined the potential to support significant near-term growth over the next five to ten years in seaweed farming through two analyses: Through this assessment, TNC’s goals were to inform next steps for its own Restorative Seaweed Initiative, and to provide clear guidance to seaweed farmers, research partners, governments, fellow NGOs, and foundations.
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Climate change / Marine Flora (e.g. Poseidon meadows or seaweed) / Investment and subsidies / Plant-based (e.g. seaweed or kelp)
Research
Apr 16 - 2025
EN Europe

Power structures shaping EU fisheries. How the political economy favours industrial over small scale, low impact fishing

Seas at Risk

The study commissioned by Seas At Risk, Sciaena, Ecologistas en Accion and BUND, shows how the current political economy of fisheries in the European Union favours large scale industrial fisheries to the detriment of small-scale and low-impact fisheries. Small-scale fishers are key players for coastal communities, as they create jobs and are often much more sustainable compared to their larger counterparts.  This sustainability role is critical since fishing is the first driver of marine biodiversity loss. Favouring industrial fisheries rather than small scale and low-impact fisheries is not due to flaws in the current legislation but, rather, to a lack of full implementation of the Common Fisheries Policy which already offers a series of tools to tackle the root problems. NGOs call for a full implementation and enforcement of the Common Fisheries Policy. 

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Small-scale fishers / European Commission / Investment and subsidies / Legislation
Research
Jul 01 - 2019
EN Australasia

Making mountains out of minnows: Salmon in the Tasmanian economy

The Australia Institute

The economic benefit of the salmon industry to Tasmania is weighted strongly against its environmental and social impacts. Yet it accounts for just 1% of jobs in the state. Over 5 years $3.8 billion worth of fish were sold, but just $64 million tax paid, while $9.3 million in subsidies were received in 2 years. Changing generous leasing arrangements to the Norwegian model could raise $2 billion for community development.
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Investment and subsidies / Labor / Tourism / Fish Meal / Fish Oil Processing / Legislation / Salmon
Research
Jul 20 - 2023
EN Europe

Fishing for Profits

Katheti

How New York’s Amerra Capital Came to Dominate Mediterranean Aquaculture.
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Investment and subsidies / Certification schemes / Tourism / Poros / Sea Bass / Sea Bream / Salmon
Investigative Journalism
Apr 19 - 2019
EN Europe

Plans to expand Iceland's fish farms risk decimating wild salmon populations

The Guardian

Scientists are warning against new legislation to grow Iceland’s fish farming industry, but industry is pressuring for a go-ahead.
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Parasites (e.g. sea lice) / Organic waste (e.g. feed or feces) / Chemicals (e.g. Formaldehyde) / Biodiversity loss / Pesticides / Investment and subsidies / Small-scale fishers / Legislation / Salmon
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