A coalition of 45 countries pledged Tuesday to raise $12 billion for conservation and restoration of coral reefs, which are threatened worldwide by the effects of climate change.
It includes a pledge to double the area of coral reefs under protection from the current estimate of around 60,000 square kilometers , and restore some 10,500 sq km.
"This investment will enable more effective coral reef management including water quality management, coastal management, and local and regional regulations," the group announced. The pledge comes with coral reefs around the world under particularly acute stress because of record warm seas this year. This bleaching process can result in coral death if temperatures remain too high for the algae to return, devastating the ecosystems that rely on reefs.
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