A new European Fund for the EU's Maritime and Fisheries Policies

The European Commission has proposed a new fund for the EU's maritime and fisheries policies for the period 2014-2020.

Commissioner Maria Damanaki said: "The European Maritime and Fisheries Fund will increase economic growth and create jobs in the sector. No more money will be spent to build big vessels. Small scale fisheries and aquaculture will benefit of this budgetary greening of the Common Fisheries Policy."

Read more and comment on Commissioner Damanaki's blog

The Fund will help deliver the ambitious objectives of the reform of the Common Fisheries Policy and will help fishermen in the transition towards sustainable fishing, as well as coastal communities in the diversification of their economies. The fund will finance projects that create new jobs and improve quality of life along European coasts. Red tape will be cut so that beneficiaries have easy access to financing.

This new fund will replace the existing European Fisheries Fund and a number of other instruments. The proposed envelope amounts to € 6.5 billion for the period 2014 to 2020.

Exemple of funded prjects (on YouTube)
Spain, Baiona- New products from goose barnacles
Germany, Bay of Kiel - Informing fish customers in real time about the available catches
France, Var - Pescatourisme
Denmark - New seaweed products

Adopted proposal for a European Maritime and Fisheries Fund

Last update: 26/07/2014 |  Top