A short new video posted by the United Nations Environment Programme (UNEP) on video sharing site YouTube is an excellent quick introduction to fisheries subsidies and why it is an important issue. Watch for appearances by Dr. Sumaila at 1:22, 2:37, and 2:59 in the video below.

Key concepts excerpted from the video are:

“almost every subsidy is potentially harmful”

“Subsidies even contribute to widespread illegal fishing”

“there are still complex issues on the negotiating table and it is crucial these are resolved….and soon.”

See the Fisheries Subsidies blog for more discussion of the video.

Also see UNEP’s Economics and Trade Branch (ETB) for further information