Catching the wave of blue finance
OUR oceans have been generous to us. They generate oxygen, help protect us from the sun's heat, provide food and livelihood to millions of people, and serve humanity in myriad other ways.
In return, we are destroying these nurseries for marine life by over-harvesting fish and polluting the waters with untreated sewage and plastics.
Marine ecosystems are now threatened by extinction. Over the past 50 years, the world has lost nearly half of its coral reefs and mangrove forests, while marine populations have halved and global fish stocks depleted by a third.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
As luxury retail goes big, can Singapore’s Orchard Road keep up?
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan