Oceans Forum on Trade-Related Aspects of Sustainable Development Goal 14

Dates: March 20, 2017 - March 21, 2017

Location: Geneva, Switzerland

The fisheries sector represents one of the oldest economic activities carried out by the human race and remains on of the most relevant for many developing countries. Indeed, fisheries often account for between 5 and 10 per cent of GDP and exports for many LDCs and SIDS. Globally, fish is the most traded animal protein commodity and is a particularly important source of nutrition and protein for coastal populations, as well as being fundamental to their livelihoods. Despite this, we see today that around 31.4% of fish stocks are estimated as fished at biologically unsustainable levels, a proportion that has been steadily increasing over recent decades. Recognized drivers of this trend are overfishing, illegal, unreported and unregulated (IUU) fishing activities, the existence of harmful incentives including certain types of fisheries subsidies, and the impacts of climate change.

In preparation for the high-level United Nations Oceans Conference, an oceans forum co-organized by UNCTAD, FAO, and the ACP Scretariat, COMSEC and International Ocean Institute (IOI) is to be held from 21 - 22 March 2017, Palais des Nations, Geneva, Switzerland. The Forum shall be preceded by a briefing session on the Fisheries Regulatory Framework at the Multilateral Level scheduled for the 20 March 2017.