Can coral reef restoration save one of the most vulnerable ecosystems to climate change?
Photo by CRIB / 18 Jan 2021
Coral reefs are some of the most ecologically and economically valuable ecosystems on our planet. Covering less than 0.1 per cent of the world’s ocean, they support over 25 per cent of marine biodiversity and serve at least a billion people with a wide range of ecosystem services such as coastal protection, fisheries production, sources of medicine, recreational benefits, and tourism revenues.
We can’t afford to lose this valuable ecosystem. As we strive to accelerate climate action to halt global warming, there is great urgency to protect our remaining reefs. How to do this is the subject of a new report by the United Nations Environment Programme (UNEP) and the International Coral Reef Initiative (ICRI), which concludes that well-planned, well-funded and long-term coral reef restoration can be a useful tool to support coral reef resilience.
At the recent One Planet Summit for Biodiversity the Great Green Wall for the Sahel and Sahara Initiative (GGW) received $14 billion in additional funding pledges for the next ten years. This financial support will scale up efforts to restore degraded land, create green jobs, strengthen resilience and protect biodiversity. Among the financiers are the Government of France, who committed $14 billion; the African Development Bank ($6.5 billion) and the World Bank ($5 billion).