About the IPOA-Capacity ![]() MissionThe immediate objective of the International Plan of Action for the Management of Fishing Capacity (IPOA-CAPACITY) is for States and regional fisheries organizations, to achieve world-wide preferably by 2003, but not later than 2005, an efficient, equitable and transparent management of fishing capacity. Inter alia, States and regional fisheries organizations confronted with an overcapacity problem, where capacity is undermining achievement of long-term sustainability outcomes, should endeavour initially to limit at present level and progressively reduce the fishing capacity applied to affected fisheries. ApproachesThe management of fishing capacity should be based on the Code of Conduct for Responsible Fisheries and take into consideration the following major principles and approaches:
Legal foundationThe IPOA-CAPACITY is voluntary. It has been elaborated within the framework of the Code of Conduct for Responsible Fisheries as envisaged by Article 2 (d). The provisions of Article 3 of the Code of Conduct for Responsible Fisheries apply to the interpretation and application of this International Plan of Action and its relationship with other international instruments. In the IPOA-CAPACITY, the term ″State″ includes Members and non-members of FAO and applies mutatis mutandis also to ″fishing entities″ other than States, and the term ″regional″ includes sub-regional, as appropriate.
FundingThe IPOAs are to be implemented by countries. As a consequence, their implementation should be funded by countries. The FAO Regular Programme funds only a "watching brief" on implementation, and the monitoring of the implementation and reporting to COFI. Through its "International Conservation and Management of Fishery Resources" project, FAO also receives from the Government of Japan extra-budgetary funds to support the implementation of some of the IPOAs
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