Wednesday, February 27, 2013

27/02/13: Life insurance for fish; Alaskan government vetoes GM; new BAP standards

The Insurance Board, the insurance sector regulator in Nepal, has finalised a policy on fisheries insurance that will make it mandatory for all non-life insurance companies to provide coverage to fishes grown in ponds of at least 200 sq m.
The measure will protect fish farmers in case of damages or losses of their products and encourage banks and financial institutions to provide credit for the industry.


The Alaskan House of Representatives has come out in opposition to GM fish. Representatives unanimously approved House Joint Resolution 5 which urges the US Food and Drug Administration to reconsider a preliminary finding that genetically modified fish would not significantly impact the environment. The resolution asks for labeling for GM salmon, if the product is ultimately approved.

The new Best Aquaculture Practices (BAP) standards for finfish and crustacean farms are set to go live in spring 2013. The revamped standards come following a 60-day public-comment period which included contributions from from fish farmers, academics and NGOs from Australasia, Asia, Europe and America.
Changes include greater emphasis on social responsibly and will apply to all types of production systems for finfish and crustaceans, excluding cage-raised salmonids, for which separate BAP farm standards exist.

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Alaska mountain landscape
Alaska mountain landscape (Photo credit: blmiers2)

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