Current:Home > reviewsSponsor an ocean? Tiny island nation of Niue has a novel plan to protect its slice of the Pacific -Core Financial Strategies
Sponsor an ocean? Tiny island nation of Niue has a novel plan to protect its slice of the Pacific
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-11 08:24:57
WELLINGTON, New Zealand (AP) — The tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters — it will get sponsors to pay.
Under the plan, which was being launched by Niue’s Prime Minister Dalton Tagelagi on Tuesday in New York, individuals or companies can pay $148 to protect 1 square kilometer (about 250 acres) of ocean from threats such as illegal fishing and plastic waste for a period of 20 years.
Niue hopes to raise more than $18 million from the scheme by selling 127,000 square-kilometer units, representing the 40% of its waters that form a no-take marine protected area.
In an interview with The Associated Press before the launch, Tagelagi said his people have always had a close connection with the sea.
“Niue is just one island in the middle of the big blue ocean,” Tagelagi said. “We are surrounded by the ocean, and we live off the ocean. That’s our livelihood.”
He said Niueans inherited and learned about the ocean from their forefathers and they want to be able to pass it on to the next generation in sustainable health.
Most fishing in Niue is to sustain local people, although there are some small-scale commercial operations and occasional offshore industrial-scale fishing, according to the U.N.’s Food and Agriculture Organization.
“Because of all the illegal fishing and all the other activities at the moment, we thought that we should be taking the lead, to teach others that we’ve got to protect the ocean,” Tagelagi said.
Unregulated fishing can deplete fish stocks, which then cannot replenish, while plastics can be ingested by or entangle marine wildlife. Human-caused climate change has also led to warmer and more acidic oceans, altering ecosystems for underwater species.
Niue is also especially vulnerable to rising sea levels threatening its land and freshwater, and the island is at risk of more intense tropical storms charged by warmer air and waters.
With a population of just 1,700 people, Niue acknowledges it needs outside help. It’s one of the smallest countries in the world, dwarfed by an ocean territory 1,200 times larger than its land mass.
Under the plan, the sponsorship money — called Ocean Conservation Commitments — will be administered by a charitable trust.
Niue will buy 1,700 sponsorship units, representing one for each of its citizens. Other launch donors include philanthropist Lyna Lam and her husband Chris Larsen, who co-founded blockchain company Ripple, and U.S.-based nonprofit Conservation International, which helped set up some technical aspects of the scheme.
Maël Imirizaldu, marine biologist and regional leader with Conservation International, said one problem with the conventional approach to ocean conservation funding was the need for places like Niue to constantly seek new funding on a project by project basis.
“The main idea was to try and switch that, to change the priority and actually help them have funding so they can plan for the next 10 years, 15 years, 20 years,” Imirizaldu said.
Simon Thrush, a professor of marine science at New Zealand’s University of Auckland who was not involved in the plan, said it sounded positive.
“It’s a good idea,” Thrush said, adding that as long as the plan was thoroughly vetted and guaranteed over the long term, “I’d be up for it.”
veryGood! (68)
Related
- Nevada attorney general revives 2020 fake electors case
- Ecuadorians are choosing a new president amid increasing violence that may scare away voters
- Why Teen Mom's Leah Messer Said She Needed to Breakup With Ex-Fiancé Jaylan Mobley
- As college football season arrives, schools pay monitors to stop players and staff from gambling
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- New Jersey requires climate change education. A year in, here's how it's going
- The Russian space agency says its Luna-25 spacecraft has crashed into the moon.
- Ron Cephas Jones, Emmy-Winning This Is Us Star, Dead at 66
- Buckingham Palace staff under investigation for 'bar brawl'
- Lionel Messi, Inter Miami face Nashville SC in Leagues Cup final: How to stream
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Relationship experts say these common dating 'rules' are actually ruining your love life
- Aaron Rodgers to make New York Jets debut in preseason finale vs. Giants, per report
- An author's journey to Antarctica — and motherhood — in 'The Quickening'
- Buckingham Palace staff under investigation for 'bar brawl'
- As college football season arrives, schools pay monitors to stop players and staff from gambling
- Sweden beats Australia 2-0 to win another bronze medal at the Women’s World Cup
- Woman captured on video climbing Rome's Trevi Fountain to fill up water bottle
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Russia’s Luna-25 spacecraft suffers technical glitch in pre-landing maneuver
WWE star Edge addresses questions about retirement after SmackDown win in hometown
Two people killed after car is struck by train in South Dakota
The Grammy nominee you need to hear: Esperanza Spalding
Nordstrom Rack Early Labor Day Deals: 70% Off Discounts You Must See
Spoilers! 'Blue Beetle' post-credit scene makes a big reveal about future of DC universe
Lolita, beloved killer whale who had been in captivity, has died, Miami Seaquarium says