Damage to world's oceans could hit $2 trillion a year, experts say
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A diver notes marine species in the Dry Tortugas National Park in Florida. A new study recommends that the United Nations appoints a High Commissioner for Oceans to coordinate research and action and that there should be more preparation for a 1-2 meter (up to 6.5 feet) sea level rise by the end of the century.
The cost of damage to the world's oceans from climate change could reach $2 trillion a year by 2100 if measures to cut greenhouse gas emissions are not stepped up, a study by marine experts said Wednesday.
The study found that without action to limit rising greenhouse gas emissions, the global average temperature could rise by 4 degrees Celsius (about 7 degrees Fahrenheit) by the end of the century causing ocean acidification, sea level rise, marine pollution, species migration and more intense tropical cyclones. It would also threaten coral reefs, disrupt fisheries and deplete fish stocks.
In the study, "Valuing the Ocean, marine experts led by the Stockholm Environment Institute analyzed the most severe threats facing the world's marine environment and estimated the cost of damage from global warming.
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The SEI found nitrogen-rich fertilizers and waste would strip more ocean areas of oxygen, causing what is known as hypoxic dead zones, which are already found in more than 500 locations.