The World Trade Organization (WTO) is in a unique position to deliver on Sustainable Development Goal (SDG) 14.6 by reforming global fisheries subsidies in 2020. Yet, a number of unanswered questions threaten to inhibit WTO delegates from crafting a smart agreement that improves global fisheries health. We combine global data on industrial fishing activity, subsidies, and stock assessments to show that: (1) subsidies prop up fishing effort all across the world’s ocean and (2) larger subsidies tend to occur in fisheries that are poorly managed. When combined, this evidence suggests that subsidy reform could have geographically-extensive consequences for many of the world’s largest fisheries. While much work remains to establish causality and make quantitative predictions, this evidence informs the rapidly-evolving policy debate and we conclude with actionable policy suggestions.

世界贸易组织（WTO）处于独特地位，可通过在2020年改革全球渔业补贴来实现可持续发展目标（SDG）14.6。然而，许多悬而未决的问题威胁着世界贸易组织（WTO）代表无法制定能改善全球贸易状况的明智协议。渔业健康。我们结合了有关工业捕鱼活动，补贴和种群评估的全球数据，显示：（1）补贴支撑了整个世界海洋的捕捞努力；（2）补贴不善的渔业往往会出现较大的补贴。综合起来，这些证据表明，补贴改革可能对世界上许多最大的渔业产生地理上广泛的影响。尽管要确定因果关系并进行定量预测还需要做大量工作，