Australia has announced its plans to commit $100 million to help protect the oceans and as well as reduce carbon emissions in the environment. This money will be used to care about Australian Marine Parks and protect marine species.
A large percentage of the money be channeled to ecosystems that involve mangroves and seagrass. These plants are very vital in removing carbon out of the atmosphere. Scott Morrison, Australia Prime Minister maintained that the country’s oceans would be important in driving down emissions.
The climate and the planet’s oceans are inextricably linked. This investment is a major contribution to domestic and international efforts to build healthier oceans and combat climate change.Morrison
Morrison maintained that this investment will help to improve the mangroves and seagrass. The investment also means there will be lower fisheries bycatch, cleaner beaches more fish stocks, and a better way to protect turtles and seabirds.
Nearly 85% of the Aussie population resides within 50km of the coast. According to Susan Ley, the Minister for the Environment, 39.9 million dollars will be channeled towards the reinforcement of the position of Australia as a leader in marine management.
A sum of $30.6 million will be channeled towards the restoration of blue carbon ecosystems in Australia. This will help to boost the coastal environments’ health in Australia. 18 million dollars will be used to take practical actions concerning the protection of iconic marine species and boost our fisheries’ sustainability by reducing bycatch.