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A Beacon of Hope for Coral Reefs

The International Coral Reef Initiative's $12 Billion Pledge

In a monumental stride towards safeguarding our planet's marine biodiversity, the International Coral Reef Initiative (ICRI) has pledged a whopping $12 billion to protect and nurture coral reefs, which are among the most biodiverse and simultaneously, the most threatened ecosystems on Earth.

This conservation effort represents a commitment to secure the future of a significant 125,000 km2 of shallow-water tropical reefs, which are home to a myriad of marine species and crucial to human livelihoods and economies.

The ICRI, which was initiated in 1994 by eight countries - Australia, France, Japan, Jamaica, Philippines, Sweden, Britain, and the USA - and has now expanded to include 45 countries, underscores a collective global effort to conserve and restore coral ecosystems. These ecosystems are not only a sanctuary for over a quarter of the world's marine species but also a lifeline for more than a billion people, providing food, protecting coastlines, and supporting tourism and fishing industries.

The initiative comes at a critical time when coral reefs are under siege from various threats, including pollution, overfishing, and notably, climate change, which causes coral bleaching. The latter is a phenomenon where corals expel the colorful algae living within them due to stress from elevated sea temperatures, thereby becoming vulnerable and facing potential death.

This initiative is a testament to the global commitment to preserving our planet's precious biodiversity and ensuring sustainable futures for communities that depend on these vibrant ecosystems.

It is a reminder that collective, global efforts can pave the way towards significant, positive change, ensuring that the coral reefs continue to teem with life, sustaining both the oceanic inhabitants and human communities for generations to come.

Source: Reuters