A bank for the ocean and a sustainable future

Thirty years ago today, world leaders came together to launch the European Bank for Reconstruction and Development (EBRD), a bold initiative to foster change in an economic system that was degrading both the environment and indeed entire societies. Today, with the ocean facing unprecedented threats, a similarly bold initiative is required.

IPCC Report and Marine Regions Forum

Achieving a healthy ocean – Regional ocean governance beyond 2020

The ocean plays a fundamental role in regulating global temperatures. Not only does the ocean absorb 93 percent of the heat trapped by rising anthropogenic carbon dioxide (CO2), but it also absorbs approximately 25 to 30 percent of anthropogenic CO2 emissions that would otherwise remain in the atmosphere and increase global warming.