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500 million dollars to help preserve the Great Barrier Reef

Australian government partner with the Great Barrier Reef Foundation

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robert99 robert99 Sweden Posts: 1360
1 30 Apr 2018

Australia has pledged more than 500 million Australian dollars ($379 miillion) to help preserve the Great Barrier Reef, in an attempt to help better protect the world heritage site from the effects of climate change.
Marine heat waves caused by global warming killed off and damaged corals in 2016. Most of the impact was along 500 miles of the northern Great Barrier Reef, its most pristine region.
The new funding is part of an ambitious conservation plan that will see the Australian government partner with the Great Barrier Reef Foundation to improve and monitor the long-term health of the reef.

The Australian Government is investing half a billion dollars in building the resilience of the Great Barrier Reef. At the centre of this investment is a new $444 million partnership with the Foundation.

I was honoured to represent the Foundation at today’s funding announcement in Cairns with Environment Minister Josh Frydenberg and Foreign Affairs Minister Julie Bishop, alongside Assistant Minister for the Environment Melissa Price, Australia's Chief Scientist Dr Alan Finkel, Independent Expert Panel Chair Professor Ian Chubb, Reef 2050 Advisory Committee Chair Penelope Wensley and Great Barrier Reef Marine Park Authority Chair and CEO Dr Russell Reichelt.

I am thrilled to share this great news for the Reef with our wonderful Foundation supporters.

The Great Barrier Reef Foundation welcomes this announcement of the biggest single investment in a coral reef ecosystem anywhere in the world.

Today’s investment brings real hope to the Great Barrier Reef.

There is no doubt that our great living treasure is under enormous threat from climate change and we must all work together to do everything possible to achieve the Paris Agreement.

But while the world works to tackle climate change on a global scale, there are many things we can and must do to build the resilience of the Great Barrier Reef right now.

We must improve water quality. We must address crown-of-thorns-starfish outbreaks. We must ensure our reef managers and scientists are better equipped to manage and monitor our reefs, working smarter than ever before. And we must unlock new scientific insights that can help restore the reefs that have suffered damage.

Today’s major investment brings real solutions within our grasp. These funds represent an unequalled opportunity to create a legacy of hope for future generations.