Some €55m would be enough to protect Ireland's marine biodiversity by 2030, a new analysis by an influential coalition of environmental groups has found.
Fair Seas produced what is believed to be the first of its kind finance report in Europe on marine protected areas (MPAs) showing Ireland will need to spend approximately €55m between 2024 and 2030 in order to reach its targets to protect 30% of the country's seas and ocean.
The report, which was presented to Finance Minister Michael McGrath, was reviewed by international experts from the likes of the World Bank, Ocean Law, and the Charles Darwin Foundation.
Earlier this month, 193 UN members adopted the first treaty to protect marine life in the high seas, with UN secretary general Antonio Guterres saying the landmark agreement gives the oceans a "fighting chance" in the biodiversity crisis.
€55m needed to protect Ireland's marine diversity by 2030
Fair Seas produced what is believed to be the first of its kind finance report in Europe on marine protected areas (MPAs) showing Ireland will need to spend approximately €55m between 2024 and 2030 in order to reach its targets to protect 30% of the country's seas and ocean.
The report, which was presented to Finance Minister Michael McGrath, was reviewed by international experts from the likes of the World Bank, Ocean Law, and the Charles Darwin Foundation.
Earlier this month, 193 UN members adopted the first treaty to protect marine life in the high seas, with UN secretary general Antonio Guterres saying the landmark agreement gives the oceans a "fighting chance" in the biodiversity crisis.
€55m needed to protect Ireland's marine diversity by 2030