Marine Fisheries

Governments adopted Sustainable Development Goals (SDGs) aimed at ushering in a new era of sustainable development where ‘no one is left behind.’ They include a specific goal — SDG 14 — to conserve and sustainably use the oceans, seas and marine resources. While policymakers can use a number of legal, regulatory and economic tools to do so, there should be more focus on harnessing fiscal instruments such as taxes, subsidies and conditional transfers to provide the necessary incentives.