The United States Agency for International Development (USAID) has announced more than $103 million in funding, subject to Congressional notification, to conserve and protect our ocean at the 2024 Our Ocean Conference in Athens, Greece.
The move includes funding for several new programmes, as well as additional funding for ongoing projects that strengthen marine preservation, build resilient blue economies, and address the impacts of the climate crisis.
The lives and livelihoods of communities around the world are dependent on the health of the ocean and the food security, jobs, and environmental benefits it provides. But today, the combined impacts of overfishing, greenhouse gas emissions, and plastic pollution threaten marine health and biodiversity, along with the communities that rely on them.
The USAID in a releases says it is initiating and expanding on fifteen projects, subject to Congressional notification, as part of the Agency’s efforts to protect ocean health and marine biodiversity.
$19.2 million is expected to go into promoting marine protected areas which includes $13.4 million for the previously announced Heshimu Bahari (Respect the Oceans) project, which protects important coral reef habitat and strengthens community fisheries in Tanzania.
Also, $9.9 million is to help foster sustainable blue economies in Central America, the Caribbean, and Africa. This includes $2 million to support innovation and sustainable financing for conservation in the Caribbean. Key objectives include consolidating governance structures, establishing diverse funding mechanisms, improving grant management, and fostering a network for sharing best practices among regional trust funds.
Additionally, $6.7 million will be used to advance sustainable fisheries by promoting sustainable fishing practices, strengthening conservation efforts, and reducing illegal, unreported, and unregulated (IUU) fishing. This includes $1.2 million to improve the management of marine biodiversity and fisheries resources in the Indo-Pacific region by implementing regional policy frameworks, strengthening local communities' climate resilience, and increasing investments in marine biodiversity conservation.
A further $4.8 million is expected to be used to combat climate change through projects with youth in the Pacific Islands. This includes $4.4 million to establish a Melanesian Youth Climate Corps that will equip young leaders in Fiji, Vanuatu, Solomon Islands, and Papua New Guinea with the skills, knowledge, and resources they need to advance disaster risk reduction and adaptation efforts in their own communities.
Latest Stories
-
Patrick Atangana Fouda: ‘A hero of the fight against HIV leaves us’
32 minutes -
Trinity Oil MD Gabriel Kumi elected Board Chairman of Chamber of Oil Marketing Companies
1 hour -
ORAL campaign key to NDC’s election victory – North America Dema Naa
1 hour -
US Supreme Court to hear TikTok challenge to potential ban
1 hour -
Amazon faces US strike threat ahead of Christmas
2 hours -
Jaguar Land Rover electric car whistleblower sacked
2 hours -
US makes third interest rate cut despite inflation risk
2 hours -
Fish processors call for intervention against illegal trawling activities
2 hours -
Ghana will take time to recover – Akorfa Edjeani
3 hours -
Boakye Agyarko urges reforms to revitalise NPP after election defeat
3 hours -
Finance Minister skips mini-budget presentation for third time
3 hours -
‘ORAL’ team to work gratis – Ablakwa
3 hours -
Affirmative Action Coalition condemns lack of gender quotas in Transition, anti-corruption teams
4 hours -
December 7 election was a battle for the ‘soul of Ghana’ against NPP – Fifi Kwetey
4 hours -
Social media buzzing ahead of Black Sherif’s ‘Zaama Disco’ on December 21
4 hours