Change: Change Institute and Climate Change

change: The Reviving Melanesia Ocean Economy report was produced in partnership with the Boston Consulting Group and the Global Change Institute at the University of Queensland, according to The Guardian. It aims to highlight the need for urgent action to safeguard Melanesia marine resources in the face of threats like climate change, over-fishing and pollution. But a new report by WWF has quantified the annual economic output from the region waters - what they term Gross Marine Product - at $5.4 billion - a sum equivalent to the combined GDP of Fiji and the Solomon Islands. Fisheries account for half of Melanesia marine-derived economic output according to the report. Since most coastal fishing in Melanesia is subsistence based, there is the very real prospect of a nutritional shortfall that will affect millions of people. Projections suggest that by 2030 the region will need 60% more fish to feed its rapidly growing population - yet stocks are projected to decline not increase. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.