Save Our Seas says the World Bank

The World Bank has announced a new alliance and funding commitment to protect the world’s oceans from threats such as over-fishing and pollution. World Bank President Robert Zoellick highlighted the importance of sustainable healthy oceans to a living planet and healthy global economy, declaring the Bank’s aim to “leverage as much as $1.2 billion to support healthy and sustainable oceans,” in partnership with governments, the scientific community, civil society organizations, and the private sector. Commentators say market mechanisms will be key to putting fisheries and other ocean dependent industries on a sustainable path.