February 28, 2020 CFSI Staff

Secretary of Commerce Allocates $65 Million for Fishery Disasters

Secretary of Commerce Wilbur Ross announced the allocation of $65 million to communities in Alaska, California, North Carolina, South Carolina, Georgia, Florida and the Yurok Tribe (California) that suffered fishery disasters between 2017 and 2019.

“These funds help impacted fisheries recover from recent disasters and make them more resilient to future challenges,” said Secretary of Commerce Wilbur Ross. “This allocation supports the hard-working American fishing communities suffering from impacts beyond their control.”

Fisheries play a critical role for coastal economies, providing jobs for fishermen, fish processors, and other related maritime industries. However, fisheries can experience natural disaster events and other circumstances beyond the control of fishery managers, resulting in sudden and unexpected losses within the fishery and leading to serious economic impacts to those who rely on them…

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