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| | Greenpeace is a global environmental campaigning organization. It prepares public campaigns for, among others, the protection of oceans against the release of genetically modified organisms into nature and the promotion of renewable energies in order to stop climate change.The issue of managing fishing capacity has been raised in light of a growing concern on the spreading phenomenon of excessive fishing inputs and overcapitalization in world fisheries. Excessive fishing capacity is largely responsible for the degradation of fishery resources, the dissipation of food production potential and significant economic waste. This is especially seen in the form of redundant fishing inputs and the overfishing of most valued fish stocks. The origin of excess fishing capacity stems essentially from the widespread tendency of overinvestment and overfishing under open-access conditions. |  | | | | The FAO Code of Conduct for Responsible Fisheries recognizes that excessive fishing capacity threatens the world's fishery resources and thus their ability to provide sustainable catches and benefits to fishers and consumers. In Article 6.3, it is recommended that "States should prevent overfishing and excess fishing capacity and should implement management measures to ensure that fishing effort is commensurate with the productive capacity of the fishery resources and their sustainable utilization". | | | | The International Plan of Action for the Management of Fishing Capacity (IPOA) was elaborated within the framework of the Code of Conduct as an element of fisheries conservation and sustainable management. The IPOA was adopted by COFI in February 1999 and further discussed by the FAO Ministerial Meeting on Fisheries the following month. | | | | The immediate objective of the IPOA is for "States and regional fishery organizations, in the framework of their respective competencies and consistent with international law, to achieve worldwide, preferably by 2003 but no later than 2005, an efficient, equitable and transparent management of fishing capacity". The IPOA specifies a number of actions to be urgently taken with regards to the main section of the document: assessment and monitoring of fishing capacity, the preparation and implementation of national plans, international consideration and immediate actions for major international fisheries requiring urgent attention. | | | | Steps are being taken by FAO to provide support to the implementation of the IPOA and to address related issues. Selected initiatives are listed for review. A Technical Consultation was held from 29 November to 3 December 1999 in Mexico to address issues pertaining to the measurement of fishing capacity. Further technical documentation for the measurement and management of fishing capacity is being prepared. Work is also underway on related issues such as subsidies and other economic or financial incentives, and illegal, unregulated and unreported fishing. | | | | |
 | | | |  | Governments support new international commitments to reduce overfishing and over
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