Fisheries Funding Mechanism

WTO Fish Fund fully operational, first Call for Proposals closes next week

Following the entry into force of the WTO Agreement on Fisheries Subsidies on 15 September, the WTO Fish Fund is fully operational and ready to support WTO members in implementing the Agreement. Developing and least-developed members that have submitted their instrument of acceptance for the Agreement can submit proposals for project grants and project preparation grants until 9 October.

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For more information, please visit the WTO Fish Fund website here. A factsheet titled "How to Access Funding - Opening the Call for Proposals" is available here.

The contributions and pledges received by the Fund thus far amount to approximately CHF 14.5 million (USD 18 million), with commitments made by Australia, Canada, the European Union, Finland, France, Germany, Iceland, Japan, the Republic of Korea, Liechtenstein, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, the United Arab Emirates and the United Kingdom.

The Fish Fund was established under Article 7 of the WTO Agreement on Fisheries Subsidies, which ministers adopted at the 12th Ministerial Conference in 2022. Housed at the WTO, the Fund operates in cooperation with the Food and Agriculture Organization of the United Nations (FAO), the International Fund for Agricultural Development (IFAD) and the World Bank.

The list of all WTO members that have submitted their instrument of acceptance of the Agreement on Fisheries Subsidies is available here.

More information on the WTO Fisheries Funding Mechanism can be found here.

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