There required multi-sectoral policies for sustainable use of coastal and marine resources, together with proper financing as well as right use of relevant technologies. There were experiences of conflicts and lack of understanding as prevail in certain communities on use of such resources e.g. fisheries, ocean wildlife, shipping as well as utilization of offshore renewable energy resources. Hence, strong need of informed decisions felt essential in the same context by involving citizen and stakeholders. Also, scientific and technological innovations highly indispensable in global observing systems, both for in situ and in satellite observations. There were incidences of catastrophic events and economic losses due to recurrent extremes in weather conditions. Since ocean and coastal areas are significant for livelihood and other economic activities, there necessitated ocean finance schemes which potentially could provide scientific solutions, to be sustained in the long term.
ā¢
ā¢
94 w
Such financing initiatives are useful, but the challenge is about accountability & transparency of these schemes. It is important that ocean finance schemes are designed to ensure that the funding raised goes directly towards ocean conservation & pollution mitigation.
ā¢
94 w
good idea
ā¢
94 w
a great idea for mitigating climate change
ā¢
ā¢
94 w
It's essential these finances generated go to the right Jobs
ā¢
ā¢
94 w
in agreement with this
ā¢
94 w
Yes.