The Tiffany & Co. Foundation Commits $1 Million to Great Barrier Reef Conservation Efforts

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Great Barrier Reef, Australia. Credit: Jayne Jenkins

NEW YORK, Jul. 17 /CSRwire/ – The Tiffany & Co. Foundation introduced at the moment that it has dedicated roughly $1.four million AUD ($1 million USD) to assist shield and restore Australia’s Great Barrier Reef. This magnificent pure surprise is the world’s largest dwelling organism, encompassing an space roughly the dimensions of Italy and internet hosting among the richest biodiversity on Earth. However, numerous threats—comparable to local weather change, poor water high quality and impacts from human exercise—have led to a widespread decline of coral cowl in recent times.

The Tiffany & Co. Foundation has supported coral conservation worldwide for practically 20 years. This current dedication in Australia focuses on recovering the Reef by funding each brief and long-term options, together with Great Barrier Reef Foundation’s Out of the Blue Box Innovation Challenge and Reef Aid, a undertaking of Greening Australia.

“We believe there is reason for hope,” mentioned Anisa Kamadoli Costa, chairman and president of The Tiffany & Co. Foundation. “The Foundation is proud to support two of the leading organizations working to preserve the Great Barrier Reef, one of our planet’s most significant natural assets. Together, we can find novel solutions to preserve this precious coral ecosystem and ensure that it is vibrant and healthy for generations to come.”

Great Barrier Reef Foundation’s Out of the Blue Box Innovation Challenge (outofthebluebox.org), launching at the moment, is a worldwide name for brand new concepts to bolster the Great Barrier Reef’s future resilience. The Challenge requires improvements in finance, know-how and social science to ease pressures on the Reef and permit it to get well. One profitable idea, chosen by an professional panel from various sectors, will earn a prize of up to $300,000 AUD (roughly $225,000 USD). The utility interval closes September three and the winner can be introduced in late October.

“Only through cross-sector collaboration and diverse thinking are we going to find solutions to help our reefs recover in the face of complex threats like climate change,” mentioned Anna Marsden, managing director, Great Barrier Reef Foundation. “We are privileged to have the support of The Tiffany & Co. Foundation in the development of the Out of the Blue Box Innovation Challenge. Through the Challenge, we hope to identify creative approaches to restore not only the Great Barrier Reef, but coral reefs around the world.”

To complement this seek for long-term options, The Tiffany & Co. Foundation can also be supporting tangible conservation efforts by means of Reef Aid, a undertaking of Greening Australia. Reef Aid goals to enhance water high quality by restoring watersheds and wetlands close to the Reef, halting erosion and thus considerably lowering the quantity of sediment in ocean waters.

“Greening Australia and our partners are tackling one of the most critical threats to the iconic and globally significant Great Barrier Reef,” mentioned Brendan Foran, CEO of Greening Australia. “With The Tiffany & Co. Foundation’s support, which will be matched with the same level of government funding, we will continue to improve water quality, boosting the Reef’s resilience to fight climate change.”

The Tiffany & Co. Foundation believes these two complementary approaches will contribute to numerous restoration efforts already underway, balancing the necessity for long-term options with fast, tangible actions to safeguard the world’s most iconic reef.

Support of Great Barrier Reef Foundation’s Innovation Challenge was made doable by means of a grant to The University of Queensland in America Inc and assist of Greening Australia’s Reef Aid undertaking was made doable by means of a grant to Give2Asia.

About The Tiffany & Co. Foundation
Established in 2000, The Tiffany & Co. Foundation gives grants in environmental conservation, working to protect the world’s most treasured landscapes and seascapes. The Foundation helps organizations devoted to the stewardship of pure assets within the areas of accountable mining and coral conservation. For extra data on The Tiffany & Co. Foundation, please go to tiffanyandcofoundation.org. 

About Great Barrier Reef Foundation
The Great Barrier Reef Foundation exists to guarantee there’s a Great Barrier Reef for future generations. As the lead charity for the Great Barrier Reef, the Foundation raises funds and creates enduring strategic partnerships that ship excessive affect, solution-driven tasks for the Reef. It works with nice minds to ship higher affect for the Reef by means of science, know-how, engineering and on-ground conservation motion.

About Greening Australia
Greening Australia is an unbiased not-for-profit group that makes use of the newest science to information what’s finest for Australian landscapes and the folks and wildlife that dwell in them. Greening Australia began conserving and restoring Australia’s distinctive landscapes in 1982 and hasn’t stopped since. Greening Australia is dedicated to tackling Australia’s greatest environmental challenges with the very best science and the very best folks, working to create wholesome, productive landscapes throughout Australia the place folks and nature can thrive.

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