Aviv Perets on Unsplash
Rethinking research funding for the blue economy
World Ocean Initiative
An estimate by the National Oceanic and Atmospheric Administration (NOAA) in the US put the cost of a single hurricane hitting the US mainland at US$21bn. In 2021 we are estimating that around US$10bn annually goes to funding research and development targeting oceans—and a large portion of that goes towards resource exploration.
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