The EU's new definition of 'sustainability' will have major financial implications for seafood

A new system aimed at standardizing what counts as 'sustainable' could allow the industry to access more investors and better lending rates. But when and how seafood will be included is unclear.

While the system is crafted in principle, it has not yet moved through the entire European economy, and some sectors have not been included, among them the aquaculture and fisheries sectors. Fisheries will likely be included later this year, said Line Asker at DNB.
While the system is crafted in principle, it has not yet moved through the entire European economy, and some sectors have not been included, among them the aquaculture and fisheries sectors. Fisheries will likely be included later this year, said Line Asker at DNB.Photo: DNB
Published 24 March 2022, 07:00Updated 24 March 2022, 13:05