Chargebee Enables Subscription Businesses to Combat Economic Turmoil with 2022 Summer Product Release

San Francisco, Calif., July 28, 2022 (GLOBE NEWSWIRE) — Chargebee, the leading subscription management platform, today announced its Summer 2022 Product Release. The slate of new products and features is focused on enabling high–performing subscription businesses to monetize their existing customers and fend off the growing threats of a tumultuous economy. These new products help businesses build their cash reserves and maintain their customer base at a time when many businesses – and their customers – are struggling with the realities of inflation and drying up of venture capital, the lingering effects of COVID–19 and a decimated global supply chain.

The centerpiece of Chargebee's Summer 2022 Product Release is Chargebee Retention, formerly Brightback, which along with Chargebee Receivables (numberz), and RevRec (RevLock), all acquired by Chargebee over the last 18 months, represent Chargebee's initial foray into becoming a true multi–product company.

Chargebee Retention allows businesses to focus on keeping the customers they already have at a time when both businesses and consumers are being forced to evaluate everything in their portfolios and make difficult decisions. Chargebee Retention enables businesses to customize cancellation experiences with offers geared towards continuing the customer relationship and allows businesses to test out personalized retention–magnet strategies to minimize voluntary churn and strengthen customer lifetime value with an ROI of as much as 800%.

"For subscription businesses, acquiring new customers is at least 2.5 times more expensive than upselling or expanding an existing customer. This factor can be even higher with intelligent automation that decreases customer churn while increasing the chances of expansion," said Mark Thomason, IDC Research Director responsible for Digital Business Models and Monetization practice. "While these retention capabilities are critical during these tumultuous times, keeping happy customers is always in vogue."

Chargebee Receivables helps businesses improve their cash flow management processes by automating accounts receivable workflows. Subscription businesses will now be able to efficiently automate their entire accounts receivables workflow and process from purchase to payment. In addition, Chargebee Receivables also lets businesses proactively engage with customers on predicted payment failure to minimize involuntary churn and increase customer retention.

“Customer retention has become an even bigger focus for us over the past year or so," said Bob Viscount, Vice President at Silhouette U. "The economy has changed a lot, and we've been looking for a solution that helps mitigate some of the cancellations we've been seeing. Customers have chosen to cancel due to cost and having an option to deflect some of these cancellations with a tailored offer in the moment has been a huge boost to our business. Chargebee Retention has proven to be a value–add to our business and has allowed us to provide customers with a comprehensive review of what they'd be giving up while also leveraging offers when needed. The results in a very short amount of time have convinced me that this needs to be a critical component to our business moving forward.”

The volatility of today's market landscape has forced businesses to become adaptable and nimble in ways they hadn't previously expected, tinkering with package and feature offerings and providing new and different services to customers at different price points. The new Chargebee Entitlements offers businesses more control over this new path and enables them to upsell to existing customers by showing them value. Chargebee Entitlements enables businesses to "value–test" and experiment with different packaging and pricing options, better control feature launches with roll–outs to small subsets of customers, and go to market faster. Chargebee Entitlements helps go–to–market teams provide feature access to customers beyond their plan on the flip of a switch, which can be used to incentivize plan upgrades and free–to–paid conversions.

"We've spent months engaging with our customers, learning the ins and outs of their businesses and working with them to determine what types of tools they want and need to face their current challenges head–on," said John Pearce, Vice President of Product Management at Chargebee. "In those conversations, the focus almost always homed in on retaining customers, building long–lasting customer relationships and understanding how Chargebee can help businesses monetize their existing customer base. Chargebee Retention, Chargebee Receivables and Chargebee Entitlements are a direct result of our findings and our desire to give our customers exactly what they need to build and scale their businesses, even in these trying times."

The complete list of features in Chargebee's Summer 2022 Product Release, which also includes in–app purchase management, multi–entity management, integration with PandaDoc to manage quote–based subscription workflows, a RevRec integration that helps businesses recognize revenue in local currency and avoid challenges that hinder growth, and RevRec's ASC 606 expense recognition, can be found here: https://www.chargebee.com/summer–release–2022/

About Chargebee

Chargebee is the subscription management platform that automates revenue operations of over 4,500 subscription–based businesses from startups to enterprises. The SaaS platform helps subscription businesses across verticals, including SaaS, eCommerce, e–learning, IoT, Publications, and more, manage and grow revenue by automating subscription billing, invoicing, payments, and revenue recognition operations, provides key metrics, reports, and business insights and now offers Chargebee Retention and Chargebee Receivables. Founded in 2011, Chargebee counts businesses, like Okta, Freshworks, Calendly, and Study.com amongst its global customer base. Learn more about Chargebee at www.chargebee.com.

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خطوط طيران البلطيق تطلب

أسطول طائرات C بالكامل هو العمود الفقري لخطة العمل الجديدة لخطوط طيران البلطيق الوجهة 2025

الطلب يدفع سجل الطلبات المؤكدة على الطائرات من طراز C إلى ما يزيد عن 400 طائرة

ريجا، لاتفيا —(Marketwired – 28 مايو 2018) –

ملاحظة للمحررين: هناك صورة مرتبطة بهذا الإصدار الصحفي.

أعلنت شركة بومباردييه للطائرات التجارية وخطوط طيران البلطيق اليوم أن الطرفين قد أبرما اتفاقًا مؤكدًا لبيع وشراء 30 طائرة طراز CS300 إلى جانب حقوق خيار وشراء 30 طائرة إضافية من الطراز ذاته.

وتُقدر قيمة الطلب المؤكد بنحو 2,9 مليار دولار أمريكي، وفقًا لقائمة أسعار الطائرة CS300. وسوف يزداد هذا المبلغ إلى نحو 5,9 مليار دولار في حالة ممارسة الخيارات الخمسة عشر وحقوق الشراء الخمسة عشر جميعها.

وفي معرض تعليقه على هذه المناسبة، قال فريد كرومر، رئيس شركة بومباردييه للطائرات التجارية "مع استمرار برنامج طائرات C Series في جذب شريحة أكبر من السوق، فإن هذا الطلب الكبير للمرة الثانية من مشغل طائرات CS300 يُعد شهادة قوية على الأداء الاستثنائي للطائرة أثناء الخدمة". وأضاف "نفخر بأن طائرات CS300 قد ساعدت خطوط طيران البلطيق في الحفاظ على مكانتها كواحدة من خطوط الطيران الأكثر انضباطاً على مستوى العالم. إن سلسلة طائرات C Series تأتي في مقدمة سوق الطائرات الصغيرة ذات الممرات الأحادية وقد لعبت خطوط طيران البلطيق دوراً رئيسًا في إثبات هذه القيمة. وخلال الثمانية عشر شهراً الأخيرة، ارتقت خطوط طيران البلطيق لتحتل مكانة رائدة في السوق ونأمل أن تحظى الشركة بنجاح وافر مع توسعتها لأسطول طائراتها من طراز CS300."

ومع هذا الطلب أصبحت خطوط طيران البلطيق أكبر عميل أوروبي للطائرات من طراز C Series وثاني أكبر عميل على مستوى العالم يقدم طلباً مؤكداً لشراء خمسين طائرة. تعتمد خطة العمل الجديدة لشركة خطوط الطيران على التوسعات الكبرى في مساراتها من جميع دول البلطيق الثلاث لاتفيا وإستونيا وليتوانيا.

"وفي ضوء أن الشركة من أولى الشركات التي تبنت تشغيل طائرات C Series، فقد اتخذنا قراراً استشرافياً بشأن التقنية المتقدمة من أجل دعم خطتنا الإنتاجية على نحو يؤدي إلى استدامة الربحية، ونحن اليوم نستفيد من الطائرات الصغيرة ذات الممرات الأحادية الأكثر كفاءة من حيث استهلاك الوقود. وفي ضوء ما أثبتته الطائرة من توفير استهلاك الوقود بأكثر من 22 بالمائة، فإن طائرات CS300 تلعب دوراً حيوياً في خفض تكاليف التشغيل. في عام 2017، شهدنا نموا هائلاً وأظهرنا للعالم الإمكانات الفريدة والراحة المصاحبة لهذه الطائرة المبتكرة. وقد نجحنا في تنفيذ استراتيجية تحديث أسطولنا، ونشعر بالحماسة لزيادة عدد أسطولنا إلى 80 طائرة من طراز CS300 مع الاستغناء تدريجياً عن أنواع الطائرات الأخرى خلال السنوات الثلاث القادمة"، جاء ذلك في كلمة مارتين جوس، الرئيس التنفيذي لخطوط طيران البلطيق.

وأضاف "نحن الآن نشرع في تنفيذ استراتيجية الأعمال التالية الوجهة 2025، حيث ستشهد توسعة خطوط طيران البلطيق لخارطة عملياتها. إن جزءاً هاماً من هذه الاستراتيجية الجديدة هو طرح أسطول أكبر وأكثر تميزاً من طائرات CS300، وهي الطائرات الأكثر ملاءمة للأسواق التي نزاول بها أنشطتنا.

فيما قال أولديس أوغوليس، وزير النقل في جمهورية لاتفيا "لقد كان عام 2017 هو الأكثر نجاحاً في تاريخ خطوط طيران البلطيق حيث حققت خلاله الشركة نتائج تشغيلية ومالية استثنائية. وهذا يعد برهانا ساطعاً على نجاح استراتيجية عمل خطوط الطيران ونموذجها التشغيلي". وأردف "إن الطلب الجديد هو الاستثمار الأكبر في تاريخ لاتفيا ويلعب دوراً مهمًا في تطوير البنية التحتية لخطوط الطيران في منطقة البلطيق الأمر الذي ستكون له آثار واسعة على الصادرات والاقتصاد والوظائف".

ومن المقرر أن تبدأ عمليات التسليم لهذا الطلب الجديد كما هو مقرر في الربع الأخير من عام 2019. كانت خطوط طيران البلطيق قد طلبت من قبل 20 طائرة من طراز CS300. وتشغل شركة خطوط الطيران في الوقت الحالي 8 طائرات من طراز CS300.

نبذة عن C Series

الشركة التضامنية المحدودة لصناعة طائرات الفئة سي (C Series Aircraft Limited Partnership) هي شركة تابعة لقطاع طائرات بومباردييه التجارية بشركة بومباردييه المتحدة، وهي تتولى تصنيع طائرات C Series. لمزيد من المعلومات عن طائرات C Series، برجاء زيارة المركز الإعلامي.

نبذة عن خطوط طيران البطليق

خطوط طيران البلطيق هي شركة خطوط الطيران الأكثر انضباطاً على مستوى العالم، حيث تربط منطقة البلطيق بـ 70 وجهة في أوروبا والشرق الأوسط ودول الكومنولث، وهي شركة مساهمة تأسست في عام 1995. والمساهم الرئيسي في الشركة هو دولة لاتفيا، حيث تمتلك 80,05 بالمائة من أسهمها، في حين يمتلك Lars Thuesen نسبة 20 بالمائة من خلال شركة Aircraft Leasing 1 SIA المملوكة له بالكامل. يتكون أسطول طائرات خطوط طيران البطليق من 31 طائرة – 8 طائرات بومباردييه من طراز CS300، و11 طائرة من طراز Boeing 737 و12 طائرة بومباردييه من طراز Q400، وقد حصدت خطوط طيران البلطيق العديد من الجوائز الدولية عن خدماتها المتميزة والمبتكرة وإنجازاتها في إعادة تشكيل أعمالها. وفي عام 2017، حصلت الشركة على جائزة شركة خطوط الطيران الإقليمية للعام من CAPA، في حين حصلت في عام 2018 على جائزة الإنجاز في مجال خطوط الطيران من ATW كشركة رائدة للعام. وقد حققت خطوط طيران البلطيق أفضل أداء منضبط على مستوى العالم في 2014 و 2015 و 2016 و 2017 على التوالي.

نبذة عن بومباردييه

مع أكثر من 69500 موظف في أربعة قطاعات أعمال، تعتبر بومباردييه شركة رائدة على مستوى العالم في صناعة النقل، حيث تقوم بإنشاء طائرات وقطارات مبتكرة تُغير من معايير صناعة النقل. توفر منتجاتنا وخدماتنا خبرات نقل عالمية المستوى تضع معايير جديدة لراحة الركاب وكفاءة الطاقة والموثوقية والسلامة.

يقع مقر بومباردييه في مونتريال بكندا، ولها مواقع إنتاجية وهندسية في 28 دولة عبر قطاعات النقل المختلفة، وطائرات رجال الأعمال ، والطائرات التجارية، وهياكل الطائرات والخدمات الهندسية. يتم تداول أسهم بومباردييه في بورصة تورونتو للأوراق المالية (BBD). وحققت الشركة إيرادات بلغت 16,2 مليار دولار أمريكي خلال السنة المالية المنتهية في 31 ديسمبر 2017. تتوفر الأخبار والمعلومات على الموقع الإلكتروني bombardier.com أو من خلال متابعتنا عبر Twitter@Bombardier.

ملاحظات للمحررين

تم نشر صور طائرتنا طراز C Series أثناء التسليم لخطوط طيران البلطيق مع هذا البيان الصحفي عبر الموقع الإلكتروني www.bombardier.com.

تابعونا على Twitter عبر @BBD_Aircraft لتلقي آخر الأخبار والتحديثات من بومباردييه للطائرات التجارية.

لتلقي البيانات الصحفية الخاصة بنا، يُرجى زيارة قسم RSS Feed على الموقع الإلكتروني للشركة.

بومباردييه و C Series و CS300 و Q400 هي علامات تجارية لشركة بومباردييه المتحدة أو الشركات التابعة لها.

لعرض الصورة المرتبطة بهذا الإصدار الصحفي، يُرجى زيارة الرابط التالي:  http://media3.marketwire.com/docs/airBaltic.jpg

 

معلومات الاتصال

ناتالي سيفينجفيت
مدير الاتصالات والعلاقات العامة
بومباردييه للطائرات التجارية
3030–375–416 1+
nathalie.siphengphet@aero.bombardier.com
www.bombardier.com
أليس بريد
رئيس الاتصالات المؤسسية
شركة خطوط طيران البلطيق
6608 2965 371+
bda@airbaltic.lv
www.airbaltic.com



Historic WTO Deal Could Threaten Subsidies, Lifeline for Jamaican Fishers

Fishers have been impacted by poor fishing practices, negligent management of fisheries and frequent hurricanes, exacerbated by two years of pandemic-related restrictions. Now it is feared that WTO proposals on subsidies are skewed to benefit the large fishing nations. Credit: Zadie Neufville/IPS

Fishers have been impacted by poor fishing practices, negligent management of fisheries and frequent hurricanes, exacerbated by two years of pandemic-related restrictions. Now it is feared that WTO proposals on subsidies are skewed to benefit the large fishing nations. Credit: Zadie Neufville/IPS

By Zadie Neufville
Kingston, Jul 28 2022 – In the 21 years it took the World Trade Organisation (WTO) to agree on a historic deal on fishing subsidies, the lives of fisherfolk in Rocky Point, Clarendon, have seen many ups and downs.

The largest fishing village on Jamaica’s south coast has been battered by nature and economic challenges which have left their mark. The fishing beach signs of frequent run-ins with Mother Nature and economic battles have sent many to ‘greener pastures’.

Rocky Point sits at the edge of the Portland Bight protected area outside the special fisheries management area (a protected zone). It is the country’s largest fishing village which, in its heyday, attracted fishers from up and down the coast. But while the town has grown, taking in surrounding cane fields and wetlands, the trade that built it, fishers say, is dying. In communities like these, subsidies take on a whole new meaning.

Fishermen Face Hardships

Fifty-year-old fisherman Bradley Bent has been supplementing his income as a boat repairman. Credit: Zadie Neufville/IPS

Fifty-year-old fisherman Bradley Bent has been supplementing his income as a boat repairman. Credit: Zadie Neufville/IPS

Decades of poor fishing practices, negligent fisheries management and frequent hurricanes, exacerbated by two years of pandemic-related restrictions, have taken their toll. These days, 50-year-old fisherman Bradley Bent has been supplementing his income as a boat repairman. These other skills he honed as a fisherman for more than three decades are helping him through the tough times.

Bent was hunched over, patching his boat with fibreglass under the searing heat of the morning sun. Around him, a group of repair men applied fresh paint to upturned boats. The faint sea breeze is putrid with the smell of chemicals, and the air pulses with the sounds of the buzzing generator and sanders as the men smooth the hull of a nearby boat.

COVID-19 restrictions grounded or reduced the sizes of most fishing crews and slashed their incomes by restricting them to shorter, less profitable distances in a bay virtually depleted of fish. Nowadays, fishermen are gone for days at a time but can’t afford to cover the cost of fuel or pay their bills.

Fishing is no longer an everyday affair at what was once the pride of south coast fishing, where fishermen could pull nets close to breaking with many of 11 species in the island’s waters, including parrotfish, snapper, wench-man, grunt, jack, turbot and butterfish, and seasonal hauls of wahoo, grouper and tuna.

Rocky Point fishers like Bent must now travel up to 70 miles up the coast or to the offshore fishing colony of Pedro Cays to find fish. In the last two years, things have gotten much worse. Some fishermen have left the business, forced out by the rising cost of fuel, equipment and the effort it takes to scrape by. Others, like George Henry, a fidgety forty-something, make do with menial jobs like gutting and scaling fish to make ends meet.

On the beaches around the Kingston Harbour – not so long ago, fertile grounds for shad, sprat, whiting and crabs – fishing is an exercise in futility, said Gladston White. The Jamaican fisherman is chairman of the Caribbean Network of Fisherfolk Organisations (CFNO), an organisation of fishers representing member states of the Caribbean Community (CARICOM).

George Henry has to make do with menial jobs like gutting and scaling fish to make ends meet. Credit: Zadie Neufville/IPS

George Henry has to make do with menial jobs like gutting and scaling fish to make ends meet. Credit: Zadie Neufville/IPS

Fish provide almost half of the world’s 7.75 billion people with about 20 percent of their average daily intake of animal protein and up to 50 percent in some developing and least developed countries (FAO 2020). Providing an estimated 59.51 million jobs worldwide while earning the region small countries, including CARICOM, 60 percent of the 164 billion US dollars in exports.

In theory, fishing should be held in check by its very environment: low fish stocks should mean fishing takes more time and costs more money, but this is not the case in depleted areas where food security depends on a good catch, and there is no other source of income.

Financial Assistance for Fishers

According to the Ministry of Agriculture and Fisheries, the fishing community suffered significant losses during the COVID-19 lockdown. Government estimates indicate that the sector lost up to 23.1 million US dollars in earnings in 2020 alone.

So, when the government announced relief for fishers in November 2020, many in the fishing community were overjoyed. Unfortunately, only 4,740 of the 26,000 on the Fishermen’s register, or just over 11 percent of the estimated 40,000 people who identify as fishers, received assistance.

The grant would cover their National Fisheries Authority (NFA) registration and ID cards, roughly 100 US dollars in vouchers to buy mesh for fish pots across the 137 fishing communities. An additional allocation of 200 US dollars each went to members of Parliament whose constituencies include fishing communities. The subsidies were to be paid to those fishermen who had been grounded for two months during COVID-19 lockdowns. These pay-outs or assistance are, in the general scheme of things, subsidies and are among those which the WTO and agencies like the FAO seek to ban.

According to the Organisation for Economic Co-operation and Development (OECD), fishing subsidies in 39 countries averaged 12 billion US dollars annually between 2012 and 2014. While there was a 20 percent reduction between 2015 and 2018, since 2016, the trend has continued to increase.

In its 2020 The State of World Fisheries and Aquaculture, the FAO identified subsidies as a contributing factor to overfishing, IUU fishing, and the decline of regional fish stocks.

The World Bank’s The Sunken Billions Revisited reported in 2017: “The proportion of fisheries that are fully fished, overfished, depleted, or recovering from overfishing increased from just over 60 percent in the mid-1970s to about 75 percent in 2005 and to almost 90 percent in 2013”.

According to the FAO, subsidies in large fishing nations like the USA, European Union, Japan, South Korea, Taiwan, Thailand, Russia, and China, contribute most to the over-exploitation of marine fish stocks.

WTO Proposed Ban On Subsidies

For the most part, Caribbean Community (CARICOM) governments, including Jamaica, believe the “WTO proposals are skewed to benefit the large fishing nations”, while those proposed for small, vulnerable economies were inadequate to address their interests.

In his presentation to Ministers attending the 12th Ministerial Conference (MC12) in Geneva (June 12 to 17, 2022), Prime Minister of Antigua and Barbuda Gaston Brown noted that most of the estimated USD 22 billion that is spent collectively on subsidies that incentivise unsustainable fishing practices each year, comes from the world’s largest economies.

Speaking on behalf of CARICOM, he pointed out that six of the Caribbean’s smallest countries collectively provide roughly “USD 9.7 million in subsidies that are considered harmful or less than one percent of the global total.”

Subsidies for Caribbean fishers are few and far between. In times of crisis, the government steps in to provide much-needed help for the artisans – usually small-scale professional fishers- who account for more than 90 percent of the industry.

Henry was one of those who did not receive a COVID-19 relief grant, and he is bitter. “I have to be doing this because only their friends get the help,” he said, angrily pointing to the bucket of fish he was paid to clean.

On the other hand, Ricky*(last name withheld on request), is grateful for the benefit but says it did not go far enough to offset the losses, especially with the double-whammy from the sargassum seaweed overwhelming their beach.

“The last time we got help, it was 15,000 US dollars, and not everyone got it,” he said adding: “We need help with the seaweed so we can continue to go to sea”, pointing to the huge pile of rotting seaweed covering beach and foreshore (area between the high and low tide marks).

Bent said the equipment cost is far too high for fishers to afford, given their declining incomes. Mesh costs between 100 and 300 US dollars, depending on the gauge (wire size) and does not include the cost of sticks, rope, and binding wire. Engines cost anywhere from 1000 US dollars (150,000 Jamaican dollars) or more, the men say.

The Jamaican government also gives tax exemptions for fishing equipment such as engines, boats and other gear to help ease the burden of a constantly shifting exchange rate. The men also purchase fuel at cost from the NFA, the agency responsible for regulating the island’s fisheries.

Estimates are that the fishing sector lost up to 23.1 million US dollars in 2020 due to the COVID-19 pandemic. Credit: Zadie Neufville/IPS

Estimates are that the fishing sector lost up to 23.1 million US dollars in 2020 due to the COVID-19 pandemic. Credit: Zadie Neufville/IPS

Donations categorised as Subsidies 

In the Caribbean, donor agencies like the Japan International Cooperation Agency (JICA), United Nations Development Programme and the UN Food and Agriculture Organisation (FAO) occasionally offer funding support to develop fisheries management plans and infrastructure.

Other assistance comes from donor agencies through Environmental NGOs like the Caribbean Coastal Area Management Foundation (C-CAM), a local development organisation operating in and managing one of Jamaica’s largest protected areas on behalf of the government. This ‘assistance’ too would come under the scrutiny of the WTO.

Executive Director Ingrid Parchment explained that CCAM also manages three marine protected areas across the parishes of St Catherine and Clarendon. In the last 10 to 15 years, she said, subsidies have come in the form of help with gear in the aftermath of natural disasters like hurricanes, beach improvement projects and gear distribution.

In the Caribbean, 142,000 mostly rural dwellers are directly and indirectly dependent on fishing. The sector reportedly earns 150 million US dollars and saves the region at least three times that sum. Fisheries account for up to 8 percent of gross domestic product in some CARICOM member countries. Belize at 3.9 percent and Guyana at 8.1 percent, according to data from the Caribbean Regional Fisheries Management (CRFM) Secretariat, the CARICOM body responsible for coordinating regional fisheries.

In Belize, for instance, CRFM reports that the fishing industry is primarily artisanal and directly supports the livelihood of more than 15,000 Belizeans.

Meanwhile, the Jamaican fishing industry provides direct and indirect employment to some 40,000 fishers folk. The sector also contributes to the livelihoods of more than 200,000, the Caribbean Regional Track of the Pilot Programme for Climate Resilience (PCCR) project reported in 2015.

The PCCR report noted that at the end of 2015, 23,631 registered fisher folk and 7,133 registered boats were operating from 187 fishing beaches and two cays located at the Pedro Bank. While fin fish makes up the bulk of marine capture, the export earnings are primarily from the lobster and Queen Conch fisheries.

Small Countries Support Fair and Effective Bans

Some ministers negotiating the deal felt the working draft would leave developing and least developed nations bearing the brunt of cuts to the livelihoods of their small-scale fisherfolk and create loopholes for richer countries to continue subsidising the most harmful fishing activities.

Speaking on behalf of the CARICOM and primarily the Eastern Caribbean nations, ahead of the agreement, Prime Minister Brown argued: “the most beneficial deal would be one that requires large fishing nations to prioritise focus on improving the health and population of the target species that are most impacted by subsidies,” rather than permitting larger nations to go farther to catch more fish.

The FAO has reported that fish stocks are at risk of collapsing in many parts of the world due to overexploitation. The organisation’s data shows that about 34% of global stocks are overfished, compared with 10% in 1974, an indicator that stocks are being exploited faster than the fish population can replenish itself.

In 2005 the WTO initiated a call for the prohibition of subsidies and a mandate for eliminating harmful subsidies to be included in Goal 14 of the UN Sustainable Development Goals (SDGs), which aims to address ‘Life Below Water’ through the sustainable management and protection of marine and freshwater resources.

In its December 20, 2021 briefing, the WTO said that a reduction in fishing capacity and effort would contribute to the recovery of stocks. The organisations have also argued that subsidies that “directly increase fishing capacity and may lead to overfishing are estimated at about 22 billion US dollars worldwide.”

If nothing else, the June 17 agreement addresses the SDG 14.6 targets, specifically, the elimination of fisheries subsidies.

“The package of agreements you have reached will make a difference to the lives of people around the world. The outcomes demonstrate that the WTO is, in fact, capable of responding to the emergencies of our time,” said WTO Director-General Ngozi Okonjo-Iweala said, in announcing the historic new deal on fisheries subsidies on June 17, 2022.

While not as ambitious as initially planned, it means that for the first time, a WTO agreement has been established to address environmental issues. The new multilateral treaty includes a set of rules prohibiting subsidies to fishers engaged in illegal, unreported and unregulated (IUU) fishing, catching overfished stocks and fishing on the high seas outside the control of regional fisheries management authorities.

The agreement includes provisions (Articles 3, 4 and 5) to withhold subsidies from fishing vessels and operators that have engaged in IUU fishing from subsidies, eliminate subsidies in areas where the stocks are overfished and for fishing and fishing-related activities in areas that are outside the control of regional fishing authorities as there are no conservation rules governing these areas. Article 4, however, allows for subsidies to help rebuild overfished stocks.

The agreement also includes oversight of vessels fishing inside foreign waters and for fishing of stocks for which information is limited. In addition, members are required to notify the WTO about the subsidies they provide.

And in response to those members who asked for help, said WTO Director-General, Article 7 includes the creation of “a funding mechanism to provide targeted technical assistance and capacity building to help developing and least-developed country members implement the Agreement.”

On June 17, Chile’s Ambassador Santiago Wills, chairman of the WTO fisheries negotiation committee, noted:

“We have an agreement to eliminate subsidies that contribute to illegal, unreported and unregulated fishing and to prohibit subsidies that contribute to overcapacity and overfishing, with appropriate and effective special and differential treatment.”

They believe the new WTO deal does not accommodate the special and differential treatment for less-developed nations that SDG 14.6 mandates.

The former head of now-defunct Jamaica’s Fisheries Division in the Ministry of Agriculture, Andre Kong, opposes the removal of subsidies as proposed by the World Trade Organisation (WTO) because “it does not take into account the realities in countries such as ours,” he said.

In its December 20, 2021 briefing, the WTO said that a reduction in fishing capacity and effort would contribute to the recovery of stocks. The organisations have also argued that subsidies that “directly increase fishing capacity and may lead to overfishing are estimated at about 22 billion US dollars worldwide.”

In Jamaica, the government teamed up with fishing communities to establish sanctuaries or no-take areas to replenish fish stocks, a combined 9,020 hectares across 18 fish sanctuaries and no-take areas, with another four under assessment. Other measures include a new Fisheries Act, legal and management frameworks and regulations to improve policing.

In the Caribbean, 142,000 mostly rural dwellers are directly and indirectly dependent on fishing. Credit: Zadie Neufville/IPS

In the Caribbean, 142,000 mostly rural dwellers are directly and indirectly dependent on fishing. Credit: Zadie Neufville/IPS

Across the Caribbean and Latin America, authorities are coordinating through the CRFM, the Organisation of the Fisheries and Aquaculture Sector of the Central American Isthmus (OSPESCA) and others to implement environmental, livelihood projects and social programmes that aim to support the vulnerable populations that depend on fishing. In Clarendon and St Catherine, Parchment and her C-CAM Foundation continue to roll out donor-funded projects to ease the way for stakeholders.

Once negotiations are complete, countries like Jamaica will have up to two years to minimise the impact of their sector. Caribbean nations and their counterparts in Africa and the Pacific are looking to eliminate fuel and vessel construction subsidies that make distant-water fleets viable and support IUU fishing. So far, the deal has targeted high-seas fishing, which falls outside national jurisdictions.

Ministers from “African, Caribbean and Pacific countries kept their promise to continue negations for a “fair and effective WTO agreement” that would help to minimise the effects of harmful subsidies.

“Year after year, giant, foreign-flagged vessels encroach on Caribbean waters, competing with our local fishing fleets. In 2018, the most recent year for which data are available, six unique foreign distant-water fishing vessels were observed in OECS waters, propped up by over 99 million US dollars in state-sponsored subsidies,” the Prime Minister said.

The six are Organisation of Eastern Caribbean States (OECS) – Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.

In Jamaica, the Ministry of Agriculture estimates that intercepted IUU vessels account for only 14 percent of the IUU fishing. Between January 2011 and March 2019, ten foreign vessels were caught fishing illegally in Jamaican waters.

So even as the world celebrates the WTO deal on subsidies, the spectre of unfinished business hangs over the Caribbean. Governments have said that they will “keep negotiating”, but as long as the trade of high-value protected species like conch remains critical to the livelihoods of regional fishers, uncertainty persists.

 

This story was produced with the support of Internews’ Earth Journalism Network (EJN)

Read more about this topic here.  (link to booklet)

IPS UN Bureau Report

 


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Not a World for Young People

It’s nice getting old, being young is far too horrible

                                             Hjalmar Söderbergh

By Jan Lundius
STOCKHOLM, Jul 28 2022 – Many of us assume that an identification with a certain gender, race, nation or even age makes us particularly knowledgeable. When it comes to age, it is in most cultures of the world assumed that age and experience favour wisdom. I am not entirely sure about that, though I am convinced that as we grow older we tend to overestimate our own knowledge and importance. An arrogance that might burden and even marginalize the youth.

In several European cities you may nowadays come across store windows displaying various types of walkers, adjustable beds and other aids for the elderly. Such stores are becoming more common, maybe even replacing shops offering cribs and baby carriages. A phenomenon that might be interpreted as a sign of the fact that Europe’s population is ageing at an increasing speed.

However, is our culture actually built for and adapted to young people? To catch up with changes that are much faster and radical than they have ever been we are forced to address the increasing gap between young and elderly. In spite of this urgency, juvenility appears to be prolonged in the sense that several young people are becoming trapped in a state of marginalization that denies them an early and stable access to a profitable labour market.

A recent issue of the Italian daily La Repubblica was commenting upon a yearly report from Istat, The Italian Institute of Statistics, stating that one Italian out of four is now above sixty-five years old. There are more than double so many Italians above sixty-five years of age as there are children under fifteen. The headline was This is not a Country for Children.

One article described the situation as “a river drying up due to fading springs.” Close to a third of Italian couples living together are childless, this in a country where, like in so many other European nations, politics are currently centred around a debate dominated by the perceived misgivings of immigration. Despite this, Istat found that immigration is decreasing, even when it appears to be necessary for maintaining the well-being of the Italian nation.

Within a global context, the youth population is dwindling in all wealthy nations, while it is increasing in the poorer regions of the world. In a majority of the world’s countries, children up to 15 years constitute more than 50 percent of their “working population”, i.e. people between 15 and 65 years of age. Across several countries in Sub-Saharan Africa this ratio is much higher. In countries like Niger, Nigeria and Mali the population up to 15 years of age is approximately 75 percent of these countries’ inhabitants. Like most phenomena, global demography is characterized by imbalances, inequality and injustices.

The Istat-report also stated that two out of three Italians under thirty-four years of age are still living with their parents, while the average wages of this age group are constantly decreasing. More and more youngsters are dependent on insecure, temporary and poorly paid work. At the same time, higher education is becoming less attractive, due to the great effort and lack of income it involves, as well as an unstable labour market awaiting newly graduated students. It is also generally considered to be unattractive and badly remunerated to work as care giver for the elderly. More than 13 percent of the Italian population is above eighty-five years of age, a group that is increasingly dependent on the help and care of others. Italy is far from being a unique case – the number of dependent elderly persons is steadily on the rise in the entire “Western World”.

Although elderly people tend to remember their youth with nostalgia and often want to appear as younger than they actually are, many do nevertheless mistrust the abilities of young people. Youngsters are recurrently accused of being idle and listless, spending too much of their time “doing nothing”, or within a digital world, while not reading any books or newspapers, nor watching movies, or TV.

That youngsters demonstrate a crippling lack of interest and are apt to expose bad behaviour have for millennia been a common complaint among older generations. In the 4th century BCE Socrates stated:

    The children now love luxury; they have bad manners, contempt for authority; they show
    disrespect for elders and love to chatter instead of doing exercise. Children are now
    tyrants, not the servants of their households. They no longer rise when elders enter the
    room. They contradict their parents, babble instead of listen, gobble up dainties at the table, and tyrannize their teachers.

Older, “experienced” people might argue that new information does not have to replace previous knowledge. New insights might modify and supplement what we already know from books, education, and above all – from life. Experience is an important, though tough teacher. Nevertheless, my years as a teacher to young people have taught me that I have learned more from them, than they from me.

Older men and women might be reluctant to leave their positions of power and hand over leadership to younger persons. There is a general disinclination to vacate more and better positions to youngsters. Accordingly, many societies run the risk of fomenting a kind of gerontocracy, hindering the social mobility and advancement of young people.

More and efficient efforts are needed to invest in young people, to train and prepare them for the social, economic and environmental challenges awaiting them. To take over and care for an increasingly old and often incapacitated generation. To take care of a natural environment which that very old generation, to an alarming extent, has exploited and destroyed. Among other endeavours this means that we all, young and old alike, must contribute to the establishment of a free of charge, obligatory education and health care for all, regardless of age and income. Various disasters are now threatening the survival and well-being of the entire humanity. It is the arduous task of new generations to cope with the unpleasant consequences of the legacy that older people are leaving behind. Thus, it is time to start compensating the youth for the burden our generation has put on them, by reorienting investments towards the creation of a new world order where the needs and aspirations of young people are met.

Main source: Serra, Michele (2022) “La Societa stagnante che i numeri non sanno descrivere,” in La Repubblica, 9 July.

IPS UN Bureau

 


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Excerpt:

It’s nice getting old, being young is far too horrible

                                             Hjalmar Söderbergh

Surviving the Food Crisis in North-east Nigeria

The Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Martin Griffiths, speaks with internally displaced people in North East Nigeria. January 2022. Credit: UNOCHA/Christina Powell

By Matthias Schmale
ABUJA, Nigeria, Jul 28 2022 – Today in north-east Nigeria, millions of people are facing the painful consequences of a deteriorating food security and nutrition crisis. Food insecurity means not knowing when or where your next meal will come from.

It means, in essence, not being able to meet the basic needs for yourself or your family. As a result, countless families are forced to make alarming sacrifices to survive. Many, particularly children, are at risk of not making it through the lean season.

According to the latest food security assessments, 4.1 million people in Borno, Adamawa and Yobe States – three of the states in north-eastern Nigeria, are at risk of severe food insecurity in this lean season. People’s resilience and coping mechanisms have been devastated by more than a decade of conflict.

As food insecurity worsens, so does the risk of malnutrition. In 2022, 1.74 million children under five are expected to suffer from acute malnutrition across the north-east. Mothers who have lost their children to malnutrition can testify to the danger it poses and the sorrow and despair it brings.

While visiting a nutrition stabilization center in the north-east I saw the haunting sight of a child on the brink of death, and it is a memory that continues to leave me troubled.

The food security situation is impacted by many factors, such as insecurity due to ongoing conflict, rising food prices and climate change. This is taking place in a region where people are already facing extreme vulnerabilities.

North-east Nigeria has struggled through 12 years of conflict and instability due to the violence of non-State armed groups like Boko Haram. This year, 8.4 million people need humanitarian assistance, of which about 80 per cent are women and children.

The violence has displaced more than 2.2 million people from their homes. Livelihoods, health services, education and other essential areas have been devastated, depriving millions of people of critical support and the capacity to provide for themselves and their families.

People displaced by violence have few options. Many fled to garrison towns for safety, where going beyond the towns’ protective ditches to practice agriculture or collect firewood puts their lives at risk.

Many vulnerable people have little choice but to resort to negative coping mechanisms to obtain food, such as survival sex, child marriages, begging, child labor or recruitment into armed groups.

Hauwa, a mother in Rann, Borno State, has no access to food and must beg on the street to feed herself and her two children. But it is not nearly enough, and hunger has turned her body into something she no longer recognizes. She says, “This is not my body.” Her story is just one of countless stories of suffering that we hear every day.

The humanitarian community is gravely concerned about the millions of people facing the risk of hunger this lean season and the sacrifices they will make to survive. Every effort must be made to ensure that life-saving programmes continue to deliver food security assistance and respond to acute malnutrition.

Humanitarian and government actors are ready to scale up interventions, but funding is urgently needed.

As part of the USD$1.1 billion required for the 2022 Humanitarian Response Plan for Nigeria, a $351 million multisector response has been developed to save lives and protect the most vulnerable.

Funds are immediately needed, and every contribution can make a difference. You can help get life-saving assistance to the people of north-east Nigeria by donating at: https://crisisrelief.un.org/nigeria-crisis. We need your support now, tomorrow may be too late for Hauwa and countless others.

IPS UN Bureau

 


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Excerpt:

The writer is United Nations Resident and Humanitarian Coordinator for Nigeria

Trip.com and Ctrip celebrate the return of travel by announcing their strategic partnership with Hylink Digital

LOS ANGELES, July 27, 2022 (GLOBE NEWSWIRE) — Hylink Digital (Hylink), a 30–year award–winning full–service global agency, was announced as the official strategic partner of Trip.com and Ctrip for the Americas (North and South America). This marks the first of its kind between an advertising agency and an international online travel agency.

As tourism returns, destination marketers, travel brands and travel marketers can expect not only more value from their existing services, but also better rates and exclusive access to inventory and content creation through this partnership.

"We have always had a deep relationship with Hylink, and this particular partnership is very timely as global travel resumes. We anticipate seeing a full recovery within the global travel center," says Edison Chen, General Manager of Trip.com and Ctrip Partnerships.

In this historic year for travel, it is evident that the travel industry is changing, and the future of travel will look like partnerships like this one. "Trip.com's business model works across all industries that intersect with travel, be it travel tourism, destination marketing, travel retail, healthcare, education, or travel brands," says Humphrey Ho, Managing Partner, Americas at Hylink Digital.

Trip.com Group Limited
Website: https://us.trip.com/?locale=en_us
Facebook: https://www.facebook.com/Trip/
Instagram: https://www.instagram.com/trip/
Twitter: https://twitter.com/Trip/
WeChat: https://pages.trip.com/images/social–media/wechatQRCode.png
YouTube: https://www.youtube.com/c/TripOfficial

Hylink Digital
Website: https://hylinkgroup.com/
Instagram: https://www.instagram.com/hylinkdigital/?hl=en
Twitter: https://twitter.com/hylinkdigital
LinkedIn: https://fr.linkedin.com/company/hylink

About Trip.com Group
Trip.com Group Limited, formerly Ctrip.com International, is a Chinese multinational online travel company that provides services including accommodation reservation, transportation ticketing, packaged tours and corporate trave management.

Trip.com is A NASDAQ listed company since 2003 (NASDAQ: TCOM) with more than 1.4 million hotels in 200 countries and regions and a far–reach flight network of over 2 million flight routes connecting more than 5,000 cities around the world. The agency has built an extensive hotel and flight network that gives customers an array of global options.

About Hylink Digital Solutions
Hylink Digital (Hylink) is a fully integrated independent international advertising and communications agency with more than 20 offices worldwide and an American headquarters both in Los Angeles, California and in New York, New York. Ranked #1 Digital Agency by China Internet (CI) Weekly Magazine for 14 consecutive years in a row between 2008–2021. Hylink has also been a multi–year Effie China award recipient for Most Effective Independent Agency Network of the Year and was identified as a fastest growing agency by Adweek in 2021. Hylink Digital has won 32 awards at the 2021 Interactive Creative & Media Marketing Awards (formerly the Modern Advertising Awards).

Hylink comprises industry–leading units in the following disciplines: digital media, interactive creative, programmatic, SEM, content marketing and investment, EPR/social, research, and insights. Hylink services Fortune Global 500 companies, from both headquarters in China and the U.S., and has supporting offices globally. For more information, visit www.hylinkgroup.com, or follow Hylink on LinkedIn or Twitter at @hylinkdigital.

Media Contact: Alana Reid

Name: Alana Reid

Email: alana.reid@hylinkgroup.com