Finally a treaty to protect our oceans

International waters are the parts of the oceans that are not territorial waters and therefore do not belong to any particular country. Currently, only 1% of international waters have protected status.

The deal is expected to change that and is seen as key to achieving the goal agreed in December to protect 30% of the world’s land and oceans by 2030.

During discussions on the final text of the agreement in New York, the European Union pledged 40 billion euros as a contribution for the further processing and implementation of the points of the OK.

money for research

Earlier this week, at the Our Ocean conference in Panama, the EU announced that it would invest $860 million (more than 800 million euros) in research, monitoring and conservation of the oceans here. 2023.

According to Panama, a total of 19 billion dollars (nearly 18 million euros) were pledged for ocean conservation at this meeting, including 6 billion dollars by the United States.