Action plan for healthy oceans launched

Asian Development Bank President Takehiko Nakao delivering his remarks at the 30Under30 Awards ceremony. Picture: SUPPLIED/FIJI GOVERNMENT

THE Action Plan for Healthy Oceans and Sustainable Blue Economies for Asia and Pacific region is expected to help countries work towards a sustainable future.

Launched yesterday during the 52nd ADB Governor’s meeting, the action plan will support the efforts of ADB’s developing member countries to achieve sustainable development goals, including SDG 14 Life below water.

ADB president Takehiko Nakao said countries must work toward a more resilient future, where humanity and oceans thrived.

Meanwhile, as a part of the action plan, ADB will launch the Oceans Financing initiative to create opportunities for the private sector to invest in bankable projects which will help improve oceans health.

More reports from the ADB meeting is in today’s edition of The Fiji Times.

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