Because of climate change, the ocean is at risk of losing one of the most important ecosystems on the planet – an ecosystem that is a vital economic and environmental resource estimated at $1 trillion, generating food and livelihoods from tourism, fisheries, and medicines. The 50 Reefs initiative employs a three-pronged strategy to address the coral crisis: The aim is to identify a list of high priority coral reefs that have the best chance of surviving climate change, and which will aid the recovery of coral reef ecosystems once global temperatures have stabilized. Rachael Hazell, The University of Queensland, [email protected] or +61 7 3443 3150, Bloomberg Harvard City Leadership Initiative. NOAA unveils plan to save coral reefs . “Even if the targets set by the Paris climate agreement are met, we will lose about 90 percent of our reefs by mid-century. To reveal the 3rd Global Bleaching Event to the world, we used technology we developed specifically to take underwater 360-degree images for Google Street View. A global plan to save coral reefs from extinction as a result of climate change, pollution and poor fishing practices was launched on Friday at the World Ocean Summit in Bali. Despite their importance, coral reefs are facing ecological extinction. This science-based initiative intends to protect enough coral to ensure the re-establishment of coral reef resources in a climate-stable future. “What we already know about the future of our coral reefs is alarming: Without immediate action, we could lose this crucial ecosystem entirely within a few short decades,” said Paul G. Allen, philanthropist and Microsoft co-founder. Without coral reefs, we could lose up to a quarter of the world’s marine biodiversity and hundreds of millions of the world’s poorest people would lose their primary source of food and livelihoods. The 50 Reefs initiative builds on The Ocean Agency and the Global Change Institute at The University of Queensland  shared experience carrying out the most comprehensive global survey of coral reefs and coral bleaching ever recorded (in partnership with Google and XL Catlin). A meeting in Denmark took evidence from researchers that most coral reefs will not survive even if tough regulations on greenhouse gases are put in place. “What we don’t yet know – the data gap leading scientists are seeking to fill through this initiative – are exactly where to focus critical conservation efforts to ensure the long-term survival of coral reef habitats.”. ‘50 Reefs’ Initiative Seeks to Protect Critical Ecosystem Threatened by Climate Change, Preventing Economic, Human Health & Environmental Disaster, Data-Driven Approach Led by Bloomberg Philanthropies with The Tiffany & Co. Foundation and The Paul G. Allen Family Foundation. 50 Reefs: A Global Plan to Save Corals from Extinction. “It is imperative that we protect coral reefs, cornerstones of healthy oceans, from the myriad of threats they are facing today, including the damaging effects of climate change,” said Anisa Kamadoli Costa, Chairman and President of The Tiffany & Co. Foundation. We launched the 50 Reefs project today. Often stories like this don’t get the attention they deserve because they don’t have the images to bring them to life. A unique philanthropic coalition of innovators in business, technology and government are supporting 50 Reefs, led by Bloomberg Philanthropies with The Tiffany & Co. Foundation and The Paul G. Allen Family Foundation, with the aim of preventing the worst economic, social, and environmental impacts of this enormous crisis. To close this gap, we need to increase resources dedicated to restoration. NASA’s Game-Changing Plan To Save Coral Reefs The space agency is lending high-tech instruments to a 3-year study. Conservation experts and practitioners from around the world will identify the types of regional interventions necessary to ensure reef survival until the climate stabilizes. GCI advances discovery, develops solutions and advocates responses that meet the challenges presented by climate change, technological innovation and population change. From Media Release by Bloomberg Philanthropies — February 23, 2017 ‘50 Reefs’ Initiative Seeks to Protect Critical Ecosystem Threatened by Climate Change, Preventing Economic, Human Health& Environmental Disaster The over-exploitation of fisheries, coastal development, and pollution has had serious impacts on coral reefs. Globally, coral reefs support a quarter of all marine life and the livelihoods of a billion people. Destructive fishing only to a global plan to save coral reefs it cook in a video game to enough... 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