What are the innovative elements of the EFF?
The EFF was designed as a real tool to help deliver sustainability for the fishing industry. Aid will promote and accompany the adjustment of fishing fleets to available resources, particularly for those targeting endangered stocks. The environmental dimension is also reinforced through a set of measures to promote selectivity and reduce the negative impacts of fishing and aquaculture activities on the environment. The Fund will also dedicate more attention to the preservation of human resources in the fisheries by providing adequate answers to the economic and social needs of the people employed in the sector.The EFF will contribute better to the sustainable development of fisheries areas, particularly those which are heavily dependant on fishing, through the financing of local development strategies, designed and implemented by the stakeholders themselves.Last but not least the rules and mechanisms for delivering assistance are simplified under the EFF compared to the FIFG.
