The Our Ocean Conference concluded in Norway with 370 separate pledges for action to conserve the ocean made by governments, NGOs and private corporations, with a value of $63 billion, ABC News reported. Climate change commitments received the lion share of the funding at $51 billion, and the private sector providing nearly 80% of the funds. Concurrently, a Youth Leadership Summit convened 100 young ocean activists from around the globe for a “boot camp” on ocean conservation innovative ideas.
Why This Matters: The Our Ocean conference is a different type of global meeting — not based on a legal framework or executive agreement, and not limited to governments or as full participants — which seems to be one of the keys to its success. The Conference also benefits from the exuberance of the youth meeting held in parallel. It seems to be working — Palau has signed on to host the next year’s conference and Panama will host the year after that.Continue Reading 607 words