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Participants at international conference pledge US$10B for new ocean protections

NUSA DUA, Indonesia — Global participants in the fifth Our Ocean Conference have pledged the highest amount of funding yet for new initiatives and commitments on the protection of a combined expanse of ocean eight times the size of Alaska.


The event, hosted by the Indonesian government on the island of Bali, generated 287 pledges in bilateral and multilateral agreements between governments, the private sector, civil society organizations and philanthropic foundations. The pledges were valued at more than $10 billion to protect some 14 million square kilometers (5.4 million square miles) of the world’s oceans, according to Luhut Pandjaitan, Indonesia’s coordinating minister for maritime affairs.


https://news.mongabay.com/2018/10/10bn-pledged-in-new-commitments-to-protect-the-worlds-oceans/

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