Threatened Caribbean Coral Reefs Get a New Ally: Insurance
System - the world’s second largest which runs from southern Mexico to Honduras - will soon be covered by two insurance policies that will pay out after hurricanes to fund repairs and debris cleaning.A decade after experts first discussed the idea of reef insurance, Mexico’s Quintana Roo state government in 2019 took out what was likely the world’s first policy, covering areas near the tourist resorts of Cancun.The nonprofit MAR Fund will soon take out a second, covering sites in Mexico, Guatemala, Belize and Honduras, paid for with grant money from the InsuResilience Solutions Fund, backed
Greensea: Redefining the Connection between Man and Machine
would let her move. We knew we wanted to start a family, and we wanted an idyllic place for a family to raise kids. Vermont really impressed me because there was a growing technology environment, there was a growing small business tech environment. But there was an awful lot of support showing from state government and local government and local infrastructure for small business. So off we moved to Vermont. I know we addressed this briefly, but again what was the greatest challenge in the first few years? I think the greatest challenge was, and will continue to be the market. More specifically
BMT Awarded Port Geographe Coastal Engineering Contract
managed the capital and maintenance dredging components. BMT said it has put together a team comprising extensive knowledge of the facility and its coastal setting to develop operational plans and provide coastal management and engineering services. To ensure compliance with DoT commitments to State Government regarding water quality and amenity of beaches and waterways, BMT will also undertake regular monitoring and management of site works including wrack removal, maintenance dredging and sand bypassing for beach renourishment. Working closely with Western Australian Department of Transport
Ghana Can Continue Production in Ivory Coast Oil Dispute
must not start new drilling. The decision is positive for the government of Ghana and for British firm Tullow, which leads a consortium developing the "TEN" field and has already drilled the wells it needs to begin production in mid-2016. A moratorium would have denied the West African state's government revenue it needs as it seeks to restore economic stability with the help of an International Monetary Fund aid programme. Ivory Coast in February asked the Hamburg-based International Tribunal for the Law of the Sea (ITLOS) to issue a moratorium on oil activity by Ghana in the disputed
The High Seas Are Like a Failed State: Ocean Rescue Commission
The health of the global ocean is in decline and an integrated rescue package needs to be applied over the next five years, according to The Global Ocean Commission, made up of former Heads of State, Government, ministers and prominent business leaders. The Commission has spent 18 months investigating the decline of the global ocean and developed a rescue package of eight proposals to restore and protect its natural capital and services. "Unless we turn the tide on ocean decline within five years, the international community should consider turning the high seas into an off-limits regeneration
February 2024
