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 reefs and double the areas under protection by the end of the decade.
SINGAPORE: An alliance of nations said on Tuesday (Oct 3) members would raise US$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. The International Coral Reef Initia
The International Coral Reef Initiative pledged to raise $12 billion to protect coral reefs, but experts are still concerned that the money will not be enough.
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