• Monday 21, Dec 2020

EU funding for the fisheries, aquaculture and processing sectors: How have the Member States used it?

The latest implementation report of the European Maritime and Fisheries Fund (EMFF) is now available. It highlights the most important achievements supported by the EMFF across the EU. The report is based on data provided by the Member States, reflecting the state of implementation at the end of 2019. The first data reflecting the impacts of Covid-19 are due to be reported by the Member States at the end of April 2021 and will feature in the next report.

The report shows that by the end of 2019, €3.21 billion of EMFF support was committed to operations in the Member States. This corresponds to 55.8% of the €5.69 billion EMFF funding available to the Member States.

€1.4 billion of the support committed contributes to the objective of enhancing the competitiveness of Small to Medium sized Enterprises, while €1.3 billion (i.e. 40% of support committed so far) is dedicated to preserving and protecting the environment. The remaining €0.5 billion was committed to a variety of topics, which notably include promoting quality employment and labour mobility.