Answer: 12th Ministerial Conference, Geneva (2022)
Notes: The World Trade Organisation’s (WTO) Agreement on Fisheries Subsidies has recently come into force. It is the first WTO multilateral agreement focused on environmental sustainability. It was adopted at the 12th Ministerial Conference (MC12) in 2022 at Geneva. The agreement prohibits subsidies for illegal, unreported, and unregulated (IUU) fishing. It also bans subsidies for fishing targeting overfished stocks and for fishing in unmanaged high seas. The WTO Fish Fund was created to help developing countries and Least Developed Countries (LDCs) with technical support.
