The Toll of Illegal, Unreported and Unregulated Fishing
Fisheries provide a vital source of food, employment, recreation, trade and economic well-being for people throughout the world. In a world of growing population and persistent hunger, fish has emerged as an important commodity for the achievement of food security. However, efforts by the international community to ensure the sustainability of fisheries are being seriously compromised by illegal, unreported and unregulated fishing activities.
According to the UN Food and Agriculture Organization (FAO) illegal, unreported and unregulated (IIU) fishing activities are responsible for the loss of 11–26 million tonnes of fish each year, which is estimated to have an economic value of US$10–23 billion. To curtail this impact, Target 4 of Goal 14 of the Sustainable Development Agenda adopted in 2015 by the UN General Assembly, specifically urges the international community to “effectively regulate harvesting and end overfishing, illegal, unreported and unregulated fishing and destructive fishing practices” by 2020.
