The Northern Ireland Executive has authorised a £700,000 assistance fund for individuals engaged in Lough Neagh eel fishing and transport activities.
DAERA Minister Andrew Muir stated the initiative aims to aid a traditional sector while protecting endangered European eel populations.
Applicants eligible for the scheme must adhere to guidelines issued by the Department regarding submission procedures and supporting documentation.
The funding is designed to operate during a three-year window beginning in 2026, coinciding with the cessation of commercial catches for yellow and brown eels.
This closure aligns with scientific recommendations from the International Council for the Exploration of Sea (ICES) advising zero harvests across all habitats under current precautionary measures.
Research indicates European eel numbers have fallen by approximately 90% to 95% since the 1980s, prompting urgent conservation action.
Officials expect the ban on fishing will allow more eels to reach maturity and migrate to their spawning grounds, aiding stock recovery.
The Department of Agriculture, Environment and Rural Affairs Press Office remains available for further inquiries via email or telephone.