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Pacific islands nation Niue sells stakes in ocean to fund conservation

Niue, a small island nation, is launching a program to protect its vast marine territory from threats such as illegal fishing and plastic waste. Individuals or companies can pay $148 to protect 1 square kilometer of ocean for 20 years, with the goal of raising more than $18 million. The government of Niue will buy sponsorship units for each resident, showing their commitment to ocean conservation.
Niue's close connection to the sea and reliance on it for livelihood make it imperative to protect the ocean. The island nation is taking the lead in teaching others about the importance of preserving the ocean, as unregulated fishing and plastic pollution can deplete fish stocks and harm marine wildlife.
The funds raised through the program will be used for the conservation and sustainable development of Niue's marine territory, which is 1,200 times larger than its land mass. Niue acknowledges the need for outside help due to its small size and vulnerability to rising sea levels and intense tropical storms. The Ocean Conservation Commitments program aims to address these challenges and ensure the preservation of Niue's marine ecosystem.

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Phys.org

Crowdfunding conservation: A Pacific island's plan to protect its waters

For a little under $150, you can now directly sponsor marine conservation across one square kilometer of the Pacific Ocean, through a novel scheme announced this week by the tiny island of Niue.

1 year ago·United Kingdom

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The Straits Times

Crowdfunding conservation: Pacific island Niue's plan to protect its waters

Niue is thus hoping to raise US$18 million through the initiative, which covers a period of 20 years. Read more at straitstimes.com.

1 year ago·Singapore

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NZ Herald

This Pacific island is selling parts of its ocean in sponsorships

The island plans to sell 40 per cent of its surrounding waters.

1 year ago·Auckland, New Zealand

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NBC News

Sponsor an ocean? Tiny island nation of Niue has a novel plan to protect its slice of the Pacific

WELLINGTON, New Zealand (AP) — The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters — it will get sponsors to pay.

1 year ago·United States

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The Guardian

Tiny Pacific island nation seeks ocean sponsors in novel conservation plan

Niue hopes to raise $18m by selling units of its ocean territory to sponsors as the region struggles to mitigate impacts of climate changeThe tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters: it will get sponsors to pay.Under the plan, which was launched by Niue’s premier, Dalton Tagelagi, on Tuesday in New York, individuals or companies can pay $148 to protect 1 square kilometr…

1 year ago·London, United Kingdom

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Rocky Mountain Outlook

Sponsor an ocean? Tiny island nation of Niue has a novel plan to protect its slice of the Pacific

WELLINGTON, New Zealand (AP) — The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters — it will get sponsors to pay.

1 year ago

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