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A global problem with local dimensions
One of the defining characteristics of environmental challenges, especially in the marine environment, is their global nature. Many of the problems we now recognize as urgent and alarming were ignored for too long. Too often, we simply looked the other way, sweeping the dust under the rug or, in this case, hiding the plastic bottle beneath the sea.
A multitude of diverse environments
At the interface of land and water, wetlands include an extraordinary range of environments, all linked by one essential element: water. From marshes and swamps to peatlands and natural or artificial basins, whether permanent or seasonal, with still or flowing water, fresh, brackish, or saline, they all fall under the definition of wetlands. Despite their diversity, these ecosystems cover only about 6% of the Earth’s surface.
The Ocean Climate Finance Gap
To conserve and restore the oceans, approximately USD 175 billion per year are needed. Yet, only about USD 25 billion is currently being invested. This leaves a staggering gap of around USD 150 billion, as highlighted in the report “A Drop in the Ocean: Closing the Gap in Ocean Climate Finance” (November 2021).