European Maritime, Fisheries and Aquaculture Fund approved

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Date: 
7 July, 2021

The European Parliament adopted yesterday, Tuesday 6 July 2021, the 2021-2027 fisheries and aquaculture fund, with a total budget of €6 108 billion. The EMFAF will provide financial support to protect, manage and sustainably use the ocean and its resources, thus contributing to the objectives of the European Green Deal.

Of the total amount, the programme is divided between:

  • shared management – €5.311 billion is provided through national programmes co-financed by the EU budget and EU countries;
  • direct management – €797 million is provided directly by the Commission.

This fund has been adopted in order to facilitate:

  • “the transition to sustainable and low-carbon fishing
  • the protection of marine biodiversity and ecosystems
  • the supply of quality and healthy seafood to European consumers
  • the socio-economic attractiveness and the generational renewal of the fishing sector, in particular as regards small-scale coastal fisheries
  • the development of a sustainable and competitive aquaculture contributing to food security
  • the improvement of skills and working conditions in the fishing and aquaculture sectors
  • the economic and social vitality of coastal communities
  • innovation in the sustainable blue economy
  • maritime security towards a safe maritime space
  • international cooperation towards healthy, safe and sustainably managed oceans”

Lear more about the EMFAF here.