CMF, Changing Markets Foundation (2020) What lies beneath: Uncovering the truth about Peru’s colossal fishmeal and fish oil industry - Trade. Changing Markets Foundation (CMF), Netherlands.
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The Peruvian fishmeal and fish oil (FMFO) industry is the largest producer in the world, accounting for one-third of global production and exporting approximately 1 million tonnes of FMFO every year. Despite portraying itself as a model of sustainability, this report finds an industry plagued by corruption and scandals – from underreporting fish catches and overfishing juvenile fish, to diverting thousands of tonnes of anchovy destined for human consumption to FMFO production instead. Based on an investigation carried out between February and October 2020, the report also reveals that, at a time when Peru is struggling to cope with one of the worst Covid-19 health crises in Latin America, hundreds of fishermen and FMFO workers have fallen ill, largely as a result of companies’ failure to ensure their safety and provide them with medical care. Companies involved in these environmental and social scandals are selling FMFO to European aquafeed giants, which sell salmon to major retailers including Aldi, REWE, Marks & Spencer and Sainsbury’s. The report calls for a rapid phase-out the use of wild-caught fish to feed farmed fish and other farmed animals.
| Item Type: | Documents |
|---|---|
| Keywords: | Peru, Fish Meal and Fish Oil (FMFO), Trade, Sustainability, Fish Catch, Anchovy, Covid, Health Issues, Wild-Caught Fish, Farmed Fish, Aqua Feed |
| Subjects: | Fisheries Trade |
| Depositing User: | Chitti Babu ICSF |
| Date Deposited: | 23 Dec 2021 06:49 |
| Last Modified: | 23 Dec 2021 06:49 |
| URI: | http://icsfarchives.net/id/eprint/6054 |
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