16 septembre 2025|
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|3 months agoHistoric WTO fisheries agreement takes effect with Swiss backing
First WTO environmental trade agreement enters force, targeting $20 billion in harmful fishing subsidies, marking milestone in sustainable ocean management.
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Generated IllustrationKey Takeaways
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- The WTO agreement to eliminate harmful fisheries subsidies has officially entered into force.
- This is the first WTO trade agreement explicitly linked to environmental protection.
- The agreement represents the first Sustainable Development Goal (SDG) to be fully achieved.
- A second phase of the agreement is currently under negotiation.
By The Numbers
$20 billion
Annual harmful subsidies
40%
Global fish stocks overfished
CHF 15.9 billion
Swiss Franc equivalent of subsidies
They Said
"A historic milestone."
"A dream."