Great Barrier Reef in Australia
The bleaching of the Great Barrier Reef in Australia has been raising alarms for the past couple of years. And now, in a desperate attempt to save the natural wonder, Australia has invited the worlds top scientific minds and innovators to come up with ideas that can help save he marvellous coral reef which happens to be the worlds largest living creature. ALSO SEE Green Sea Turtle Population in Northern Great Barrier Reef is Turning Female. Heres Why!
Australian governments Environment Minister Josh Frydenberg acknowledged on Tuesday that this is a big-scale problem which requires big thinking to solve. The government made a Aus$2.0 million (US$1.6 million) funding pot available to people with bright ideas on how to save the reef. “Solutions could focus on anything from reducing the exposure of corals to physical stressors, to boosting coral regeneration rates by cultivating reef-building coral larvae that attract other important marine species,” Frydenberg said.
This is just the beginning. Up to Aus $250,000 will be made available for researchers to test the technical and commercial viability of their proposals for up to six months. Later, in the proof of concept stage, another Aus$1 million will then be made available to the best ideas. This phase will last 12 months and owners of the successful ideas will be able to retain intellectual property rights. They can also try to commercialize their idea.
It is a known fact that despite covering a very small percentage of the earths surface (1%), coral reefs are home to 25 per cent of ocean life. As such, it is of great importance that our best minds do whatever they can to save this precious part of our marine environment.