Countries pledge to raise $12 billion to fund coral reef protection

Nations pledge $12B to protect coral reefs

More than 40 countries are pledging to raise $12 billion to protect the world’s coral reefs from threats such as overfishing and human pollution. The new initiative, Coral Reef Breakthrough, was launched by the International Coral Reef Initiative (ICRI), the Global Fund for Coral Reefs and the U.N. High-Level Climate Champions, the groups said in…

Countries pledge to raise $12 billion to fund coral reef protection

An alliance of nations called the International Coral Reef Initiative (ICRI) has pledged to raise $12 billion to protect coral reefs from threats like pollution and overfishing. However, experts have warned that this funding will only be effective if broader climate risks are addressed. Rising sea temperatures, caused by climate change, are a major threat to coral reefs. The ICRI aims to secure the future of 125,000 square kilometers of coral re…

Forty-five countries, which control three-quarters of the world's coral reefs, will protect coral reefs globally with new initiative

Is $12 Billion Enough To Save Coral Reefs? These 45 Nations Hope So

It's a small price to pay as studies suggest coral reefs provide almost $10 trillion per year in benefits

Countries pledge to raise $12 billion to fund coral reef protection

An alliance of nations said on Tuesday members would raise $12 billion to protect coral reefs from threats such as pollution and overfishing, but experts warned the funding would only be a drop in the ocean unless broader climate risks are addressed.

Countries pledge to raise $12bn to help protect coral

A coalition of 45 countries pledged Tuesday to raise $12 billion for conservation and restoration of coral reefs, which are threatened worldwide by climate change.