|Author (Corporate)||European Commission: DG Maritime Affairs and Fisheries|
|Series Details||COM (2018) 390|
Legislative proposal put forward by the European Commission on 12 June 2018 establishing the European Maritime and Fisheries Fund (EMFF) for the period 2021-2027. It repeals Regulation (EU) No 508/2014.
This programme aims to target funding from the EU budget to support the Common Fisheries Policy (CFP), the EU's maritime policy and the EU's international commitments in the field of ocean governance.
The EMFF co-finances projects alongside national funding streams, with each Member States receiving a share of the total budget. Member States draw up their national operational programmes, specifying how they intend to spend the money. Once approved by the Commission, national authorities decide which projects they wish to support.
The proposal was put forward in the framework of the discussions on the Multiannual Financial Framework (MFF) for the period 2021-2027. The European Parliament adopted its negotiating position on 4 April 2019. The Council of the European Union adopted a partial approach (excluding financial matters) on 18 June 2019. The first trilogue meeting between the co-legislators was held on 19 November 2019. The Commission adopted revamped proposals on the MFF 2021-2027 in May 2020. The Council of the European Union agreed on a position concerning financial aspects of the draft law in October 2020. Following seven rounds of negotiations, an informal agreement by the co-legislators on a compromise text was reached on 4 December 2020.
|Subject Categories||Business and Industry, Internal Markets|
|Subject Tags||Common Fisheries Policy [CFP], Fisheries | Aquaculture, Multiannual Financial Framework [MFF]|
|Keywords||European Maritime and Fisheries Fund [EMFF], MFF 2021-2027
|International Organisations||European Union [EU]|