Marine protection

Date: 1/8/2004

Protecting the world’s oceans will cost governments far less than the amount they spend on subsidies for fishing fleets and will lead to bigger catches in the long run, according to a new study by conservation group WWF International and Britain’s Royal Society for the Protection of Birds. The study estimates that a network of marine protected areas covering 30% of Earth’s oceans would cost $12-$14 billion annually. It says this falls far short of the $15 billion already spent each year on subsidies to commercial fisheries, which environmentalists say encourages overfishing.Â

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