International delegates representing governments, businesses, academic and research institutions, civil society, youth leaders and philanthropic organizations announced major commitments worth more than $16 billion to protect ocean health at the seventh Our Ocean Conference in Koror, Palau, on April 13 and 14.
A total of 410 commitments were made at the event, hosted jointly by the Republic of Palau and the United States. The conference is an annual event initiated in 2014 by then-U.S. secretary of state John Kerry, who is now the U.S. special presidential envoy for climate. The conference was envisioned as a platform to mobilize support and funding for ocean initiatives to address the world’s most pressing ocean issues. As such, it’s a key milestone event for leaders to ensure global commitments on ocean heath are upheld and backed by robust financing.