Fishing Subsidies Are Speeding the Decline of Ocean Health

More than 1 billion people worldwide depend on seafood as a main source of protein, and about 100 million people rely directly on fishing for their income, yet according to the United Nations Food and Agriculture Organization (FAO), 90 percent of marine fisheries either fully fished or overfished. Fisheries subsidies are one of the key drivers behind this decline in fish stocks. Governments pay around $20 billion each year in damaging types of fisheries subsidies, […]