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Fisheries Fund
European Fisheries Fund(EFF)
Description
This
Regulation establishes a new European Fisheries Fund (EFF)
for the period 2007-13. It sets the Fund's objectives and
priorities plus the responsibilities under it and the financial
framework. It also sets out the arrangements for programming,
managing monitoring and following up the EFF. The new Fund
provides financial assistance to help implement the latest
reform of the common fisheries policy (CFP) and to support
the restructuring that has become necessary as the sector
has developed.
Operational Programme
The
European Fisheries Fund (EFF) is intended to help
secure a sustainable and profitable fisheries industry. It
will grant financial support during the period 2007 to 2013,
with a view to help the industry adapt to changing circumstances.
Council
Regulation (EC) No 1198/2006
(the "EFF Regulation") requires Member States to draw up Operational
Programme and this has to be approved by the Commission.
The
UK Operational Programme for the EFF contains a detailed analysis
of the fisheries industry, the strategy and objectives, the
summary of the ex ante evaluation, details on each priority
axis, the finance available, and the implementing provisions.
Types of Project
The types of project
eligible for grant include:
 Modernising
fishing vessels - e.g. to reduce discards, improve gear selectivity
and minimise environmental impact. Not to increase catching
capacity.
Improving
product quality.
Investment
in aquaculture and diversification of farmed species.
Marketing
fisheries products.
Improvements
to processing and port facilities.
Pilot
and collective actions by industry.
The
development of sustainable fisheries.
Development
support towards fisheries-dependent communities.
Financial Plan
The
EFF has a budget of 3 849 million for the period
2007-13. Over that period the Commission proposes to allocate
538 - 556 million per year to all the 25 Member States. The
amounts will be divided between the Member States according
to the size of their fisheries sector, the number of people
working in the sector, the adjustments considered necessary
for the fishing industry and continuity of the measures in
hand.
Responsibilities
The
Regulation defines the responsibilities of the Member States
and of the Commission concerning the EFF. In particular,
Member States are tasked with informing the general public,
potential beneficiaries and stakeholders of the opportunities
available under the EFF to ensure that the Fund is used in
a transparent manner and to underline the role of the European
Union.
This summary is for information only and is not designed to interpret or replace the reference document.
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