The Coral Triangle, is the planet's most biodiverse marine region, spanning Indonesia, Malaysia, Papua New Guinea, the Philippines, Solomon Islands
and Timor-Leste. It is also one of the most climate vulnerable.
In its waters live 76% of the world’s known coral species and more than 2,000 different types of coral fish. The Coral Triangle is home to six of the seven marine turtle species, and acts as a feeding ground for whales and other marine mammals, including many threatened small cetaceans.
More than 360 million people depend on this ecosystem for food security, livelihoods, storm protection and cultural identity. The Coral Triangle is not only a biodiversity hotspot, it is a foundation of economic and social stability across Southeast Asia and the Pacific.
All this is at threat from the rapid expansion of Liquified Natural Gas (LNG) infrastructure which is accelerating the degradation of this vital ecosystem and
creating compounding systemic risks. As science makes clear, new oil and gas projects are incompatible with a liveable future.
This
#CoralTriangle Day, coastal communities, fisherfolk, and global civil society groups have launched the "Sama-sama: Together for the Coral Triangle" campaign.
Together we call for an end to the rapid expansion of offshore oil, fossil gas, and LNG projects threatening this wonder of the oceans.
Protecting the Coral Triangle provides an immediate, concrete opportunity for (re)insurers to demonstrate credible and bold market leadership, we call on them to
#InsureOurFuture not
#FossilFuels.
#TogetherForTheCoralTriangle #InsureOurSurvival #CoralTriangleDay #SamaSama
@Zurich @AllianzID @avivaplc @ChubbEurope @SwissRe @InsOurFuture @BoycottBloody
ALT Fish swim on a beautiful coral reef.
Komodo National Park, East Nusa Tenggara, Indonesia, in the Coral Triangle.
Photo by Jeremy Bishop on Unsplash