Brazil Launches Blue Economy Program for Coral Reef Protection
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In Rio de Janeiro, Brazil has launched a significant coral reef conservation program, allocating up to R$60 million (about $12 million) to preserve its coastal reefs.
The Brazilian Development Bank (BNDES) spearheads this initiative, promoting sustainable development and economic growth through marine conservation.
The funding supports shallow coral reefs and two major coral banks, crucial for biodiversity and tourism, yet threatened by warming seas.
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