Ocean Action Hub

2 Dec 2020 - Co-chaired by Palau and Norway, the Ocean Panel of 14 coastal nations has declared its commitment to 100% ocean sustainability by 2025 under the guise of a 'blue economy'.

Covering over 70% of the earth's surface, oceans have massive unlocked potential to fight climate change, and to drive robust, sustainable economies. This is the upbeat assessment of 14 coastal and ocean nations banded under the High-Level Panel for a Sustainable Ocean Economy, or Ocean Panel. The global collective that comprises almost 40% of the world's coastlines has today announced its commitment to sustainably manage 100% of national ocean waters by 2025.

Fighting climate while growing economies

The pledge includes measures to mitigate climate change as warming oceans plunge coastal nations into a climate emergency. The Ocean Panel notes that the protection of mangroves, seagrasses and salt marshes that comprise 'blue carbon' ecosystems can help sequester carbon in order to meet the 2050 Paris climate agreement emissions-reduction targets needed to limit global warming to 1.5 °C.

"[Blue carbon] can sequester carbon dioxide at rates up to four times those of terrestrial forests on a per area basis," said Janis Searles Jones, CEO of the Ocean Conservancy, a US-based NGO dedicated to protecting oceans.

CONTINUE READING ONLINE HERE: https://www.dw.com/en/oceans-key-to-solving-climate-crisis-say-world-leaders/a-55789573

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The Blue Economy