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Report of the 2019 Intersessional Correspondence Group on Sustainable Finance

Request Meeting Document
Document Number:
CCAMLR-38/10
Author(s):
CCAMLR Secretariat
Submitted By:
Ms Belinda Blackburn (CCAMLR Secretariat)
Abstract

The Intersessional Correspondence Group on Sustainable Finance (ICG-SF) met by correspondence during 2019. It discussed a number of options for reforming the system of notification fees for CCAMLR fisheries, on the direction of the Standing Committee on Administration and Finance (SCAF). It recommended: (i) setting fees for krill notifications 5% lower than fees for non-krill notifications; (ii) applying a fee and associated requirements to notifications under Conservation Measure (CM) 24‑01, paragraph 3; (iii) applying an annual consumer price index (CPI) adjustment to notification fees.