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ADB to invest up to $18m in Vietnam-based Australis aquaculture project

eFeedLink - ADB to provide investment for Australis Holdings aquaculture project

The Asian Development Bank (ADB) has agreed to provide an equity investment of up to $15 million to Vietnam-based Australis Holdings, Inc. (AHI) for its Climate-Smart Barramundi and Seaweed Aquaculture project.

Is Seaweed a Fish? U S Seaweed Fisheries and Climate Change

Ethan Prall Share: Seaweeds can have significant benefits for combating climate change, and the extent of seaweed industry regulation in the United States will be a key issue in the coming years. According to the Intergovernmental Panel on Climate Change (IPCC), society needs many different climate mitigation technologies to achieve “net zero emissions” in time to prevent climate disaster. See, e.g., IPCC, Global Warming of 1.5°C 17 (Valérie Masson-Delmotte et al. eds., 2019). Seaweed harvest promises to be a significant climate mitigation tool because seaweeds absorb vast amounts of carbon while supplying foods and renewable fuels. Still, overexploitation of seaweeds can create problems for ocean ecosystems that must be managed. Seaweed harvest in U.S. federal waters is currently regulated, but the appropriate extent of such regulation is debatable. Commenters have argued that for ocean ecosystems to

To protect and restore the Sound: Research projects seek to improve water quality in Long Island Sound

To protect and restore the Sound: Research projects seek to improve water quality FacebookTwitterEmail Research projects to promote the health of Long Island Sound and the waters around Greenwich Point will commence this spring./ file photo A multimillion-dollar research program will study water quality, seaweed formation, sedimentation, acid levels, pollution and other scientific topics associated with Long Island Sound, in an effort to make it a healthier ecosystem. The Long Island Sound Study Research Grant Program is a partnership among Connecticut, New York and the federal government. Last week, the organization announced eight research projects that will be funded by $2.8 million in federal contributions from the Environmental Protection Agency. With matching grants from other environmental organizations, the value of the research package was assessed at more than $4.2 million.

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