Iceland Responsible Fisheries for the benefit of future generations

The Fisheries Management System

Iceland has taken a leading role in managing its fisheries, focusing on the sustainable use of the fish stocks and good treatment of the marine ecosystem. The Icelandic fisheries system is developed in accordance with international law and the United Nations Food and Agriculture Organization’s Code of Conduct for Responsible Fisheries.

Statement on Responsible Fisheries

This statement is a part of providing information about the Icelandic fishing industry and how measures are taken to ensure responsible fisheries.

Stocks, advice and decision

Most stocks are confined to Icelandic waters although some are straddling stocks.

Management approach and supplementary measures

Fisheries management in Icelandic waters is primarily based on catch limitation (output control) through individual transferable quotas.