European Maritime, Fisheries and Aquaculture Fund

Briefing 23-09-2021

As part of the budget framework for the 2021-2027 period, the European Union has adopted new rules on funding dedicated to the Common Fisheries Policy and the Integrated Maritime Policy. Based on a Commission proposal of June 2018, Parliament adopted its first reading position in April 2019. After lengthy interinstitutional negotiations, started after the 2019 elections, political agreement was reached on 4 December 2020. Compared to the previous period, the new fund gives Member States more flexibility in defining their own measures, as long as they support the priorities and are not part of a list of ineligible measures. Departing from the Commission proposal, the co legislators have extended support for the small-scale fleet to vessels between 12 and 24 metres in length. The fleet aid provisions allow support for the first acquisition of a vessel by a young fisherman, for the modernisation of engines, and for operations that improve safety, working conditions or energy efficiency. A greater focus on aquaculture is reflected in its inclusion in the name of the fund. Preferential aid is provided for outermost regions. At least 15 % of Member States' allocations should be spent on control and data collection. Following its adoption by the Council, Parliament adopted the agreed text in plenary on 6 July 2021, closing the procedure at second reading. The new regulation entered into force on 14 July and applies retroactively from January 2021. Sixth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure