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THE INTELLIGENCE


New European sustainable fishing law approved


A new regulation establishing the European Maritime, Fisheries and Aquaculture Fund (EMFAF) was adopted on 6 July by the European Parliament with an overwhelming majority. The new simplified European Fund will provide €6.1bn for the period 2021-2027 to sustain and modernize the fisheries sector, with particular emphasis on supporting small-scale coastal fisheries and vessels up to 24 meters long as well as promoting aquaculture. Environment, Oceans and Fisheries Commissioner Virginijus Sinkevičius said: “I welcome this vote by the European Parliament. The new fund enters into force at an important juncture.


The coming years will be crucial for our efforts to make EU fisheries still more sustainable, while securing the livelihoods of our fishermen and -women. The EMFAF will also enable us to support the green recovery of Europe’s blue economy and underpin EU’s leading role in promoting sustainable ocean governance worldwide. I now call on member states to finalize their national programs as a priority, so together we can continue delivering on our shared commitment to a healthier ocean.” Member states are expected to finalize their programs in the coming months, to ensure the funds can be put to work as soon as possible.


EU rolls out plant-based research fund


Horizon Europe, the European Union’s funding program, has launched a EUR32m (US$38.3m) fund for research into plant-based meat alternatives. “These investments will help accelerate the green and digital transitions and will contribute to sustainable recovery from the Coronavirus pandemic and to EU resilience against future crises,” the European Commission (EC) said in a statement. This came after the European division of Washington, DC-headquartered The Good Food Institute, a non-profit


organization promoting non-animal protein alternatives, teamed up with 21 other companies to write an open letter to the EC imploring them to invest in sustainable protein research and development. The Good Food Institute said, “This is a strong signal that the EU is betting on sustainable proteins playing an


important role in meeting its climate and biodiversity targets. Governments should take this as encouragement to invest in the research and infrastructure we need to advance plant-based and cultivated meat.” Meanwhile, more funding is pouring into plant-based meat companies like Paris-based Umiami. The start-up, which invented a new process that can reproduce the texture of large whole pieces of meat using exclusively vegetables, has completed a seed funding round of €2.3m.


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EAME


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