 - Last login: 3 hours agoKaylinQ
- KaylinQ is a 42 year old woman in a relationship from Somewhere Underthesea, Philippines.
- Likes 4,884 pages, 130 videos, 328 photos • 344 fans • Received 76 reviews
- Member since Feb 04, 2006
Fantasy is a necessary ingredient in living, its a way of lookin at life through the wrong end of a telescope. Which is what I do, and that enables you to laugh at lifes realities. -Dr. Seuss
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$63M for Asias &Coral Triangle& Conservation - ScubaMagazine Forum
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May 7, 6:54pm
1 review
•http://www.scubamagazine.net/showthre...
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From the page:
"US$63m to help preserve Asia`s coral triangle
Source: Asian Development Bank
Published Apr. 29, 2008"
The Global Environment Facility (GEF) and the Asian Development Bank
(ADB) are joining together to support the preservation of Asia's Coral
Triangle, with the GEF committing $63 million to fund conservation of
this area known as "the Amazon of the seas." The GEF funds will cover
activities to preserve the region's coastal and marine ecosystems and
develop measures to help the environmentally rich area adapt to climate
change. Under ADB's leadership, the GEF contribution will catalyze at
least $425 million of co-financing for the Coral Triangle Initiative
(CTI) to introduce sustainable fisheries management and conserve coral
ecosystems while reducing poverty.
The Coral Triangle, which crosses Indonesia, Malaysia, Papua New
Guinea, Philippines, Solomon Islands and Timor-Leste has the highest
marine biodiversity in the world. Overfishing and destructive fishing
methods, including the use of cyanide and dynamite, have destroyed
large areas of coral reef and depleted marine productivity. The impact
of global warming, such as sea level rise and increases in ocean
temperatures and acidity levels, may hasten the damage.
The GEF unites close to 180 countries in partnership with international
institutions, non-governmental organizations (NGOs), and the private
sector to address global environmental issues while supporting national
sustainable development initiatives. Today the GEF is the largest
funder of projects to improve the global environment. An independent
financial organization, the GEF provides grants for projects related to
biodiversity, climate change, international waters, land degradation,
the ozone layer, and persistent organic pollutants.
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