Billionaire saves marine reserve plans

13 Sep

If more rich folk would spend there money on enviromental projects like this maybe we still can save our oceans. We urgently need more protected ocean/marine reserves all over the world where marine life can live safe and have a save home to breed.

article: Independent.co.uk

Ernesto Bertarelli A Swiss billionaire has stepped in to save plans to create the world’s largest marine reserve from public spending cuts, it emerged today.

Ministers are in talks over a £3.5 million deal for America’s Cup-winning yachtsman Ernesto Bertarelli to fund the policing of the zone around the British-owned Chagos Islands.

The Marine Protected Area (MPA) will cover some quarter of a million square miles of sea around the archipelago in the Indian Ocean and include a “no-take” reserve banning commercial fishing.

It was approved by then foreign secretary David Miliband in April amid complaints that the Government failed to take account of the needs of the territory’s exiled inhabitants.

The Chagos have been the subject of a long-running controversy as the islanders exiled to make way for the Diego Garcia US airbase continue a legal fight for the right to return home.

Fears had been raised however that the project could be scrapped without private funding to offset the £750,000 a year set to be lost in fees for lucrative tuna fishing licences.

But campaign group the Blue Marine Foundation said it had secured the backing of the Bertarelli Foundation to provide the necessary financial backing – with ministers agreeing the deal in principle last week and detailed contracts now being drawn up.

read whole article @ independent.co.uk

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