Global Coral Reef Week Remote Meetings to Connect Coral Reef Scientists Around the World 1-14th of July 2020. This dataset shows the global distribution of coral reefs in tropical and subtropical regions. He said coral reef protection “must become a global priority,” and stressed that expectations for this coalition “could not be higher.” Prince Albert II of Monaco welcomed increased awareness on the threats posed to coral reefs, and called for sharpened focus on strategies for effective coral reef conservation. Even if global warming is held to 1.5C – the toughest goal in the Paris Agreement – an estimated 90% of the world’s coral reefs will be degraded by 2050.. With the Ocean Summit in Mexico 7-9 March, and with 2018 dubbed the International Year of the Reef, the world’s coral reefs are getting extra attention. The Global Fund for Coral Reefs seeks to raise and invest USD $500 million in coral reef conservation over the next 10 years. A Global Fund to save the World’s Coral Reefs Because the decisions we make over the next decade will determine the fate of the world’s coral reefs, and the hundreds of millions of people who rely on them for food, livelihoods, and coastal protection, we now need your help to pursue The Fund, a finance instrument that blends private and public funding, will also support businesses and finance mechanisms that improve the health and sustainability of coral reefs and associated ecosystems while empowering local communities and enterprises. Coral reefs in the Malacca Straits have an economic value of US$563 million ; Southeast Asia is considered the global epicentre of marine diversity. They say it’s the first stand-alone coral reef to be found on the Great Barrier Reef since the 1800s. Your donation can be earmarked for a specific project or for general GCRA operating costs. Coral reefs are found in more than 100 countries around the world. Use the filter options below to discover current and historic global funding efforts, including details of total project cost, spatial and temporal scale, donors, beneficiaries and thematic area. A new digital platform to help dive professionals protect fragile coral reefs has been shortlisted as a finalist in the 2020 Con X Tech Prize, an award that provides seed funding to innovative conservation projects. The Fund, a finance instrument that blends private and public funding, will also support businesses and finance mechanisms that improve the health and sustainability of coral reefs and associated ecosystems while empowering local communities and enterprises. The global annual value of coral reefs and associated ecosystems has been estimated between US$ 375B and US$ 2.7T, yet the current funding levels needed to save them from climate change and other threats are at least seven times too small. Almost 50% of living coral has been lost since 1870 and the losses are accelerating. Coral Reef Rescue: Resilient Coral Reefs, Resilient Communities Previous This project will build capacity and solutions for safeguarding globally significant climate resilient coral reefs, to ensure global long-term survival of coral reef ecosystems in Philippines, Solomon Islands, Fiji, Indonesia, Tanzania, and Madagascar (plus Cuba through non-GEF funds). On the map, you can see the percentage distribution among the countries. Scientists have discovered a massive coral tower on Queensland's Great Barrier Reef that's taller than the Empire State Building. Yet, reefs appear to respond differently to different environmental stressors. Global Coral Reef Monitoring Network and Australian | Find, read and cite all the research you need on ResearchGate An international reef conservation program, the Global Coral Reef Monitoring Network, has been stalled for lack of funds and governance since 2009, hindering efforts to compile a global database. Coral reefs are well known as some of the most beautiful, biologically diverse and delicate ecosystems in the world. It is designed to enable coral reef scientists & practitioners to share their … Coral reefs are threatened by global and local stressors. Deadline: 1-Feb-21 The National Fish and Wildlife Foundation (NFWF) is seeking applications for its Coral Reef Conservation Fund 2021 to improve the health of coral reef systems. An international group of scientists has surveyed more than 2,500 coral reef systems across 44 countries to determine how to save them in the … Freshwater runoff from melting ice and snow can interrupt the oceanic “conveyor belt” that distributes heat from the equator to the poles. They are also vital to maintaining food supply and protecting the shoreline of low-lying island nations. The Global Coral Reef Alliance is a worldwide voluntary network of scientists, divers, and communities developing cutting-edge methods for restoring and managing coral reefs and marine ecosystems against global warming, sea level rise, pollution, and disease. The urgency of addressing coral reef decline remains and warrants special attention. It will also support businesses and finance mechanisms that improve the health and sustainability of coral reefs and associated ecosystems while empowering local communities and enterprises. Welcome to Global Coral Reef Week, a free meeting that uses virtual & in-person conference tools. The Global Fund for Coral Reefs (GFCR) seeks to raise and invest US $500 million in coral reef conservation over the next 10 years, from 2020-2030. GEF Trust Fund. Coral reefs benefit the environment and people in numerous ways. This response uses the best available science and knowledge to target the least exposed yet most connected coral reefs in the face of climate change in a rapidly changing climate. G20 Environment - Global Coral Reef R&D Accelerator Platform – Executive Summary v4.3 GCRRDAP-20200916-v4.3 2 60 Findings will be proactively communicated to ICRI and UNEP and to 61 implementing mechanisms and initiatives, such as those funded by the 62 Global Fund for Coral Reefs. It blends private and public funding. The UNSG’s Special Envoy for the Ocean, Ambassador Peter Thomson, participated in the Global Fund for Coral Reefs High Level event the 16 September 2020, in a session dedicated to discussing Challenges and Opportunities in the Covid19 context and the Super Year of Nature. Its 100,000km 2 of coral reefs (34% of the world's total) are home to over 600 of the 800 reef-building coral species in the world Coral Reefs: Ecosystems of Environmental and Human Value Coral reefs boast some of the richest in biodiversity on the planet. They have the potential to give us a foothold in the recovery of coral reefs, which could lead to regeneration on a global scale. The Global Fund for Coral Reefs seeks to raise and invest USD $500 million in coral reef conservation over the next 10 years. For example, they Most reefs are located between the Tropics of Cancer and Capricorn, in the Pacific Ocean, the Indian Ocean, the Caribbean Sea, the Red Sea, and the Persian Gulf. The Coral Reef Conservation Fund, a competitive grant program administered on behalf of the NOAA Coral Reef Conservation Program by the National Fish and Wildlife Foundation (NFWF), implements a long standing public-private partnership that was created to support domestic coral reef … The widespread loss of reefs is fast becoming a major crisis. Around 70% of climate-resilient coral reefs can be found in just 7 countries. But conservation innovation and technology can help. Recent global assessments show coral reefs to be on a catastrophic trajectory. Coral reefs cover an area of over 280,000 km 2 and support thousands of species in what many describe as the rainforests of the seas. How does global warming affect the coral reefs? Nevertheless, UNEP estimates that about 25 to 50% per cent of the world's coral reefs have been destroyed and another 60 per cent are under threat. The Fund, which seeks to raise and invest USD $500 million in coral reef conservation over the next 10 years, is a finance instrument that blends private and public funding. Coral reefs support food systems, economies, human health and have important cultural significance. Implementing Agencies: World Wildlife Fund - US Chapter. The Global Fund for Coral Reefs has a dual focus: • Facilitate the uptake of innovative financing mechanisms, including private, market-based investments focused on coral reef conservation and restoration • Unlock financing for coral reef-re-lated climate adaptation through the Green Climate Fund, Adaptation Fund, and multilateral development Global change as well as local pressures are driving declining coral reef health around the world, and accelerated loss of ecosystem services willincreasingly affect people dependent on coral reefs in over 100 countries. More than 90% are expected to die by 2050. Coral reefs are set to be one of the first casualties of climate change. Coral reefs are in a perilous state. The Global Fund for Coral Reefs was launched on 16 September during the 75th session of the UN General Assembly.Co-founded by Prince Albert II of Monaco, the fund serves to mobilise resources for the preservation of coral reefs. Should the normal pace of circulation slow, the coral reefs may be deprived of their building blocks. 50% of coral reefs have been lost in the past 20 years. 63 64 3.Platform Activities 65 Through its activities, the Platform will contribute to enhance the The Global Fund for Coral Reefs seeks to raise and invest USD $500 million in coral reef conservation over the next 10 years. Coral Reef Funding Landscape explores international funding allocations for the sustainable management of coral reefs and related mangroves and seagrass ecosystems. It is the most comprehensive global dataset of warm-water coral reefs to date, acting as a foundation baseline map for future, more detailed, work. The Fund, a finance instrument that blends private and public funding, will also support businesses and finance mechanisms that improve the health and sustainability of coral reefs and associated ecosystems while empowering local communities and enterprises. The Coral Reef Rescue Initiative presents a rescue strategy to conserve the world’s rapidly deteriorating tropical coral reefs. PDF | On Jan 1, 2004, C. Wilkinson published Status of Coral Reefs of the World. A coral reef is an underwater ecosystem characterized by reef-building corals.Reefs are formed of colonies of coral polyps held together by calcium carbonate.Most coral reefs are built from stony corals, whose polyps cluster in groups.. 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