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Seaweed farming set to benefit from Bezos’s billions by Rob Fletcher November 17,2020   |  Source: The Fish Site

Seaweed aquaculture and mangrove preservation have been given huge boosts today following a decision by the Bezos Earth Fund to award $100 million to projects in these areas involving the World Wildlife Fund (WWF).

This grant will help WWF protect and restore mangroves, which store carbon and protect coastal communities from the ravages of climate-accelerated weather events. It also will enable WWF to develop new markets for seaweed as an alternative to fossil fuel-based products.

Rather than focusing solely on preventing pollution, nature-based solutions to the climate crisis help communities adapt to climate change and mitigate its impacts, delivering benefits for people and nature. The portfolio of projects supported by this grant will take place in at least a dozen countries through collaboration with governments, multilaterals, NGOs, and local communities on three key initiatives:

-- Protecting and restoring mangroves in Colombia, Fiji, Madagascar, and Mexico.

-- Scaling up sustainable seaweed farming in the North Atlantic Rim and developing new markets to accelerate the expansion of the industry.

-- Restoring and protecting forests and critical ecosystems through long-term integrated finance and protected area initiatives in the Amazon, Africa, and Central

 

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