The figure proposed by the EU, its 28 member states and the private sector could be a conservative estimate
In this July 22, 2017 file photo, Narwhals swim between sea ice floating in the Canadian Arctic Archipelago. Known as the unicorns of the ocean because of the male's long single tusk, narwhals are among the species that stand to lose out if climate change turns the frozen waters into a shipping highway. The European Union will commit about one billion euros to better protect marine life during the global Our Ocean conference in the coming week in Malta. (AP Photo/David Goldman, File), photo: AP/David Goldman, File
02 of October 2017 13:42:02
BRUSSELS – The European Union and its private sector will commit about 1 billion euros ($1.18 billion) to better protect marine life during the global Our Ocean conference this week.EU Environment Commissioner Karmenu Vella told a news agency that figure from the EU, its 28 member states and the private sector could be a conservative estimate, saying "it might be even a bit over."The Our Ocean conference has turned into an annual marine governance event and has accumulated some 8.7 billion euros ($10.2 billion) since it started in 2014. Vella said "we are keeping up the pace with the previous three conferences."Vella is also looking for donations from the United States. Many private companies contribute to the 2-day event, which starts Thursday in Malta.Two of its previous annual meetings have been held in the United States, and then-Secretary of State John Kerry took a special interest in it. It's not clear to what extent President Donald Trump's Republican administration will be committed to the meeting's environmental cause.Vella remained upbeat, saying "so far, the United States is still on board, very much on board.""The U.S. will be coming round to Malta with commitments as well," he said. "The only question is the amount of support they will be giving."