Packard Foundation Pledges $480 Million to Ocean Conservation Over the Next Five Years
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Packard Foundation Pledges $480 Million to Ocean Conservation Over the Next Five Years

By CASEY FARMER
Mon, Apr 29, 2024 9:25amGrey Clock 2 min

Over the next five years, the David and Lucile Packard Foundation will be committing US$480 million to an initiative dedicated to ocean conservation.

The foundation made the announcement on April 17 during the closing ceremony of the ninth Our Ocean Conference, held in Athens, Greece.

“Ocean science and conservation are core to the Packard Foundation’s DNA,” wrote Meg Caldwell, interim vice president of environment and science, in an email. “The next phase of the Packard Foundation’s commitment to ocean health, the 10-year (2023-33) Ocean Initiative, aims to protect and restore ocean ecosystems for people and nature, now and in the future.”

The support from the funding will be focused in four countries, Chile, China, the U.S., and Indonesia, which were selected because of their “biological significance, human dependence on ocean ecosystems, and opportunities to affect positive changes,” Caldwell says.

The foundation’s ocean initiative will specifically address three primary threats: climate change, unsustainable overfishing, and habitat loss. These issues not only harm ocean ecosystems, but also the countless people who rely on the ocean for “their livelihoods, nutrition, and cultural heritage, disproportionately impacting Indigenous peoples and coastal communities,” Caldwell says.

Caldwell emphasises the need to include these groups of people in the conversations and actions regarding ocean conservation.

“Weak governance and seafood supply chains that put profit ahead of people compound these threats, allowing human rights abuses and inequities to persist,” she says.

The foundation plans to address these threats by funding work within three systems: civil society, to strengthen “the engagement of ocean-reliant communities” to create more inclusive solutions; seafood supply chains, to end illegal fishing, overfishing, and human rights abuses; and governance, to enact reform that will protect both the ocean and the reliant communities.

The Packard Foundation is also a part of the Ocean Resilience and Climate Alliance, which is a philanthropic initiative working to address the climate crisis and its damage to the ocean. ORCA’s mission is “to provide a surge of more than US$250 million dollars in grants over four years to catalyze work across a handful of immediate ocean-climate priorities,” according to their website.



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The worldwide trend Australia does not want to be following

Governments around the world are offering incentives to reverse a downward spiral that could threaten economic growth

By KANEBRIDGE NEWS
Fri, Oct 18, 2024 2 min

The Australian birth rate is at a record low, new data has shown. 

Figures from the Australian Bureau of Statistics have revealed there were 286,998 births registered around the country last year, or 1.5 babies per woman.

Birth rates in Australia have been in a slow decline since the 1990s, down from 1.86 births per woman in 1993. Declining fertility rates among girls and women aged 15 to 19 years was most stark, down two thirds, while for women aged 40 to 44 years, the rate had almost doubled.

“The long-term decline in fertility of younger mums as well as the continued increase in fertility of older mums reflects a shift towards later childbearing,” said Beidar Cho, ABS head of demography statistics. “Together, this has resulted in a rise in median age of mothers to 31.9 years, and a fall in Australia’s total fertility rate.” 

The fall in the Australian birth rate is in keeping with worldwide trends, with the United States also seeing fertility rates hit a 32-year low. The Lancet reported earlier this year that, based on current trends, by 2100 more than 97 percent of the world’s countries and territories “will have fertility rates below what is necessary to sustain population size over time”.

On a global scale, the Lancet reported that the total fertility rate had “more than halved over the past 70 years” from about five children per female in the 1950s to 2.2 children in 2021. In countries such as South Korea and Serbia, the rate is already less than 1.1 child for each female.

Governments around the world have tried to incentivise would-be parents, offering money, increased access to childcare and better paid maternity leave.

Experts have said without additional immigration, lower birth rates and an ageing population in Australia could put further pressure on young people, threaten economic growth and create economic uncertainty. However, a study released earlier this year by the University of Canberra showed the cost of raising a child to adulthood was between $474,000 and $1,097,000.

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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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