Financial Instrument for Fisheries Guidance (FIFG)

Instrument financier d'orientation de la pêche

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History

1993, as the fourth Structural Funds of the European Community of European Community, administered through European Commission (EC). Also referred to as Fisheries Guidance Instrument. Replaces two previous funds, one related to the fleet and aquaculture, the other to processing and marketing. Current programme covers 2000-2006, under an operating framework set out in Regulation 1263/99, 21 June 1999, of Council of the European Union. Jan 2007, replaced by European Fisheries Fund (EFF).

Aims

Contribute to achieving a sustainable balance between conservation and management fishery resources and their exploitation; improve structures in line with objectives of the Common Fisheries Policy (CFP); strengthen competitiveness of the sector and development of areas dependent on it and of viable enterprises; improve market supply and processing of fish and aquaculture products; contribute to revitalizing industries which depend on fisheries and aquaculture; play a part in strengthening economic and social cohesion.

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Activities

Helps finance a wide range of projects to restructure the whole industry and also includes social measures. Multi-annual programmes are drawn up in close consultation between national authorities in European Union countries and the European Commission, establishing programming priorities for the whole industry. Management of individual applications is carried out at regional and national levels. Measures financed include: adjustment of the fishing effort; equipment and modernization of vessels; fishing in inland waters; aquaculture development; protection of aquatic resources; fishing port facilities; protection of fishery and aquaculture products; product promotion; social measures accompanying restructuring; temporary cessation activities. Specific measures are provided for small scale coastal fishing. Producers' organizations may apply for funding for measures relating to the management of the resources, adopt to new conditions on the market in fishing products or develop an industry wide approach. Operates through cofinancing, the benefiting country also making a contribution and the beneficiary providing a minimum percentage of the cost. Participation varies according to region, with preferential rates for regions whose development is lagging behind and for ultra-peripheral or other regions. Activities are complemented by socioeconomic measures of the other Structural Funds.

Financing

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Relations with Inter-Governmental Organizations

Relations with 4 inter-governmental organizations.
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Members

Members in 0 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Resources
    • Resources
  • Commerce
    • Finance
  • Industry
    • Manufacturing Processes
  • Education
    • Vocational Guidance
  • Agriculture, Fisheries
    • Fisheries
  • Economics
    • Resource Utilization
  • Development
    • Sustainable Development
  • Conservation
    • Conservation

UN Sustainable Development Goals **

GOAL 2: Zero HungerGOAL 4: Quality EducationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 14: Life Below WaterGOAL 15: Life on Land

UIA Org ID

F2836

Last News Received

2007
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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