A recent report highlighted the serious dangers brought by fossil fuel expansion to the Coral Triangle, one of the most biodiverse marine areas in the world.
- The report was released at the 16th Conference of Parties (COP16) to the Convention on Biological Diversity (CBD), being held in Cali, Colombia from 21 October – 1 November 2024.
- The report, titled Coral Triangle at Risk: Fossil Fuel Threats and Impacts, is produced by Earth Insight and SkyTruth.
- It presents alarming facts about oil and gas activities in the Coral Triangle.
About Coral Triangle
- The Coral Triangle is a vital marine region spanning six countries—Indonesia, Malaysia, the Philippines, Papua New Guinea, Solomon Islands, and Timor-Leste.
- This biodiversity hotspot is home to 76% of the world’s coral species and supports the livelihoods of millions through fishing, tourism, and coastal protection services.
- The Coral Triangle, also known as the “Amazon of the Seas,” is crucial for global coral reef conservation, hosting over 76% of the world’s coral species and 37% of reef fish species.
- It supports the livelihoods of over 120 million people through fisheries and tourism, contributing an estimated $2.3 billion annually to local economies.
