24 Feb '12, 2pm

World Bank urges global action to save oceans

World Bank urges global action to save oceans

SINGAPORE: The World Bank on Friday said the world's oceans were at risk and called for a coalition of governments, NGOs and other groups to protect them, aiming to raise $1.5 billion in five years. "The world's oceans are in danger," from over-fishing, marine degradation and loss of habitat, World Bank president Robert Zoellick said. "Send out the S-O-S: We need to Save Our Seas." About 85 percent of ocean fisheries are fully exploited, over-exploited or depleted, including most of the stocks of the top 10 species, he told the World Oceans Summit in Singapore. "The facts don't lie and the statistics are we are not doing enough, we are not accomplishing enough and the oceans continue to get sick and die," he said. Zoellick said there were already "considerable resources devoted" to restoring the planet's oceans, but a huge, coordinated global effort was needed. He proposed...

Full article: http://www.channelnewsasia.com/stories/afp_world/view/118...

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