SUSTAINABILITY
SUSTAINABLE DEVELOPMENT GOALS
The SSEA focuses on our contribution the Sustainable Development Goals (SDGs), particularly to SDG 14.b: to “provide access for small-scale artisanal fishers to marine resources and markets”.
The SSEA understands that trade is a key element in addressing fundamental issues such as food security, nutrition and promotion of sustainable agriculture (SDG 2), healthy lives and wellbeing (SDG 3) economic growth (SDG 8), inequality (SDG 10), ocean, seas and marine resource (SDG 14), and global partnership for sustainable development (SDG 17).
SSEA COMMITMENT
The SSEA commits to:
- Creating the balance of the need to build a fishing sector while ensuring future generations will benefit from the natural resources currently available.
- Working with the Somali fishing industry, we will promote sustainable fishing methods and practices that will protect the value of the fisheries and ensure the long-term growth prospects of the industry.
- Working with members on promoting suitable and appropriate self-regulated standards.
We acknowledge a distinctive feature of fishing is to involve natural resource management. This is particularly crucial for fishing, given that a lack of property rights creates a tendency for overexploitation – the tragedy of the commons. Overfishing is a grave threat to the global fishery industry. Preventing overfishing by limiting access to the resource is difficult under any circumstances, but poses particular challenges in Somalia with limited administrative capacities and funds for monitoring activities. Somalia faces the challenge of, on the one hand, boosting productivity and competitiveness and, on the other hand, preserving fish stocks.