Fisheries Bill set to reform industry with finance, training boost

The fishing industry is poised for a significant overhaul as the Parliament introduces major reforms to empower fisherfolk through enhanced financial support, training opportunities and recognition of traditional knowledge.

The Sustainable Fisheries and Management Bill, now  being debated in Parliament, would allow fishers to form cooperatives, making it easier for them to access bank loans and grants.

Minister of Environment and National Beautification, Green and Blue Economy Adrian Forde said the legislation would give fisherfolk financial leverage that was previously out of reach.

“For the first time, fishermen can now go as groups and get loans from banks, things that they couldn’t do before. We are going to allow them this,” he said.

The bill also includes training programmes to help fishers develop new skills and obtain industry-recognised qualifications, strengthening their position in both domestic and export markets.

“It provides training opportunities to equip our fisherfolk with the skills and qualifications,” Forde noted.

Announcing what he said was another ‘first’ for the industry, the minister revealed plans under the legislation to compensate fisherfolk for their traditional knowledge, acknowledging the importance of indigenous fishing practices, conservation methods and sustainable harvesting techniques.

“Fishermen can now be paid for their indigenous and traditional knowledge… something that never happened before,” he said.

Describing the community as the bedrock of society, Forde noted that these reforms will create more economic opportunities and improve the livelihoods of those who depend on fishing. 

(SM)