Staff Reporter :
Australian Foreign Minister Marise Payne has announced the establishment of a scientific hub that will protect the health of ocean carbon ecosystems.
Payne made the announcement at the 3rd Indian Ocean Rim Association (IORA) Ministerial Conference on Blue Economy held in Dhaka on Thursday.
The IORA Indian Ocean Blue Carbon Hub will help build the capacity of 22 IORA member states to protect and restore blue carbon ecosystems, said the Australian High Commission in Dhaka on Friday.
The hub will be hosted by the Indian Ocean Marine Research Centre at the University of Western Australia.
The Morrison government and the CSIRO will jointly fund its activities with $600,000 over three years.
Senator Payne said, about half the world’s mangrove forests are in the Indian Ocean region.
“We collectively have the opportunity to lead the world in using blue carbon for climate mitigation and adaptation, as well as sustainable economic development. Australia is fully committed to working with its partners around the region to protect an ocean, vital to our shared interests over generations
to come,” she said. In the coming days, she said, early career scientists and other professionals from member states will be able to apply to visit and work at the hub under a young scientist programme.
The hub will hold a “think tank” symposium in February with a focus on developing blue carbon finance.
Director of the hub, Dr Mat Vanderklift said, blue carbon ecosystems are highly effective at carbon storage and it also supports coastal fisheries and protects coastal communities against storms.
“The Indian Ocean is disproportionately important in blue carbon globally. The hub will allow us to accelerate action and go beyond talking about it, to doing something about it,” he said.
Australian Foreign Minister Marise Payne has announced the establishment of a scientific hub that will protect the health of ocean carbon ecosystems.
Payne made the announcement at the 3rd Indian Ocean Rim Association (IORA) Ministerial Conference on Blue Economy held in Dhaka on Thursday.
The IORA Indian Ocean Blue Carbon Hub will help build the capacity of 22 IORA member states to protect and restore blue carbon ecosystems, said the Australian High Commission in Dhaka on Friday.
The hub will be hosted by the Indian Ocean Marine Research Centre at the University of Western Australia.
The Morrison government and the CSIRO will jointly fund its activities with $600,000 over three years.
Senator Payne said, about half the world’s mangrove forests are in the Indian Ocean region.
“We collectively have the opportunity to lead the world in using blue carbon for climate mitigation and adaptation, as well as sustainable economic development. Australia is fully committed to working with its partners around the region to protect an ocean, vital to our shared interests over generations
to come,” she said. In the coming days, she said, early career scientists and other professionals from member states will be able to apply to visit and work at the hub under a young scientist programme.
The hub will hold a “think tank” symposium in February with a focus on developing blue carbon finance.
Director of the hub, Dr Mat Vanderklift said, blue carbon ecosystems are highly effective at carbon storage and it also supports coastal fisheries and protects coastal communities against storms.
“The Indian Ocean is disproportionately important in blue carbon globally. The hub will allow us to accelerate action and go beyond talking about it, to doing something about it,” he said.