Our Ocean Conference in Panama draws nearly $20 billion, marine biodiversity commitments
by Elizabeth Claire Alberts

Mongabay    Translate This Article
16 March 2023

On 16 March 2023 Mongabay reported: International delegates attending the eighth annual Our Ocean Conference in Panama March 2-3 have pledged billions to protect the world's oceans. Participants made 341 commitments worth nearly $20 billion, including funding for expanding and improving marine protected areas and biodiversity corridors. Previous Our Ocean conferences have generated more than 1,800 commitments worth approximately $108 billion. Global Good News service views this news as a sign of rising positivity in the field of science, documenting the growth of life-supporting, evolutionary trends.

... Panama, the first Latin American country to host an Our Ocean conference, announced at the event that it was adding 36,058 square miles to its existing Banco Volcan Marine Protected Area (MPA) in the Caribbean Sea, an area characterized by deep-sea mountain ranges and high biodiversity. The Banco Volcan MPA was established in 2015 ​​with the protection of 5,487 square miles. Its expansion would bring the total amount of ocean protection within Panama's exclusive economic zone (EEZ) to more than 54 percent.

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