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PECH Committee of the European Parliament published a study on "EU
fisheries policy - latest developments and future challenges" prepared
by consultants. The study examines the latest developments of the
Common Fisheries Policy (CFP) in the fields of fisheries management,
Common Market Organisation (CMO) and its external dimension. Through
the medium of ten case studies it discusses the potential challenges
that the EU fisheries policy will face in the near future. It notes
the limited success of the landing obligation in reducing discards,
ongoing challenges of achieving the MSY management targets in multi-species
fisheries, the potential for new monitoring technologies, and the
historical failure of management in the Mediterranean Sea. Importantly,
it also recognises that the EU's Relative Stability quota allocation
keys do not adapt to changes in fish distributions, especially those
driven by climate change, leading to conflicts and suboptimal exploitation
of resources. It therefore recommends that there is a compelling
need to define new and better ways to share fishing opportunities.
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