Largest amount ever for ocean conservation

24 October 2020 # Hope

Global participants in the fifth Our Ocean Conference have pledged the highest amount of funding yet for new initiatives and commitments on the protection of a combined expanse of ocean eight times the size of Alaska.

This Ocean Conference has raked in commitments totaling $28 billion and covering 26.4 million square kilometers (10.2 million square miles) of ocean.

[caption id="attachment_44879" align="alignnone" width="768"] Presiden Joko Widodo (tengah) bersama anggota Non Government Organization (NGO) dari sejumlah negara mengikuti sesi foto bersama saat kegiatan Our Ocean Conference 2018 di Nusa Dua, Bali, Senin (29/10/2018). ANTARA FOTO/mediaOOC2018/Prasetia Fauzani/nym.[/caption]

[caption id="attachment_44877" align="alignnone" width="768"] Visiting Distinguished Statesman at Carnegie Endowment for International Peace John Kerry menyampaikan paparan pada Our Ocean Conference (OOC) 2018, di Nusa Dua, Bali, Senin (29/10/2018). Konferensi internasional tersebut berlangsung dari 29 hingga 30 Oktober 2018. ANTARA FOTO/media OOC 2018/Rivan Awal Lingga/tom.[/caption]

The impacts of illegal, unreported and unregulated (IUU) fishing and climate change on the world’s oceans were the key focuses during the two-day conference. Data from the United Nations Food and Agriculture Organization (FAO) showed that the value of fish captured illegally was about 26 million tons, or up to $23 billion annually. The world’s maritime resources are valued at around $24 trillion.