Fisheries: Finance
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, what plans her Department has to help support sustainable fishing through investment.
Answered by Dame Angela Eagle
On 19 May 2025, the Government announced the Fishing and Coastal Growth Fund, a £360 million investment over the next 12 years in the UK’s fisheries and seafood sector, and coastal communities. In England the fund is being designed with input from industry and the department has recently finished a set of wide-ranging and nation-wide stakeholder engagement. Responses to this engagement have highlighted the need for healthy marine ecosystems, and support to transition to more sustainable fishing practices. These ideas will be considered as the scheme is developed, as we are committed to designing a fund that is better aligned with industry priorities and focused on long-term resilience, sustainability and growth.
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