The European Maritime, Fisheries and Aquaculture Fund ( EMFAF ), one of the five European Structural and Investment Funds , is the financial instrument financing the structural policy pillar of the Common Fisheries Policy of the European Union . It was previously known as the Financial Instrument for Fisheries Guidance (FIFG), the European Fisheries Fund (EFF) and the European Maritime and Fisheries Fund (EMFF). The total budget for 2021-2027 is €6.108 billion.
7-703: In 1977, an aid programme to improve the fish processing industries was introduced by the EU as a part of the European Agricultural Guidance and Guarantee Fund (EAGGF). In 1993, it was split off to form a separate fund named the Financial Instrument for Fisheries Guidance (FIFG), subsequently renamed European Fisheries Fund in 2007, transformed into the European Maritime and Fisheries Fund (EMFF) in 2014, and ultimately into
14-770: A large part of the general budget of the European Union . It finances direct payments to farmers under the Common Agricultural Policy (CAP), as well as measures to regulate the common markets such as intervention and export refunds under both the CAP and the Common Fisheries Policy (CFP). The EAGF and the European Agricultural Fund for Rural Development (EAFRD), which finances the rural development programmes of
21-547: The European Maritime, Fisheries and Aquaculture Fund (EMFAF) in 2021. It is intended to indirectly assist the catching industry, as opposed to direct payments and market interventions, which have remained tasks of the European Agricultural Guarantee Fund (EAGF). Financing has covered improvements in such fields as fish filleting, salting, drying, smoking, cooking, freezing and canning. The Fund supports attempts to introduce new technologies to
28-476: The European fishing sector. The EMFAF supports innovative projects that contribute to the sustainable exploitation and management of aquatic and maritime resources. In particular, it facilitates: This article about the European Union is a stub . You can help Misplaced Pages by expanding it . European Agricultural Guidance and Guarantee Fund The European Agricultural Guarantee Fund (EAGF) consumes
35-502: The Member States, were set up on 1 January 2007 following Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the CAP. They both (along with the earlier established Financial Instrument for Fisheries Guidance ) replaced the European Agricultural Guidance and Guarantee Fund (EAGGF), which had been set up by Regulation No 25 of 1962 on the financing of the CAP (as amended by Regulation (EEC) No 728/70. The fund
42-475: The public. Also, grants are available to assist the industry in improving product quality and managing quotas. The adoption of the fund was not uncontested, in particular by environmental groups, as it includes the possibility to fund vessel modernisation and other measures, which might increase pressure on already overfished stocks. From 2007 to 2013, the Fund was allocated approximately 4.3 billion Euro for
49-429: The sector, improve hygiene conditions, and also fund conversions of fish processing factories to other uses. Each country is given a target for the size of its fleet. Funding is available to assist modernisation of boats and installations, but also to buy-out fishermen to reduce the fleet size. Money is available for advertising campaigns to encourage consumption of fish species that are not over-fished, or are unfamiliar to
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