Nature Conservancy Receives $2.5 Million for Marine Priorities

Nature Conservancy Receives $2.5 Million for Marine Priorities

The has announced a five-year, $2.5 million grant from the , the philanthropic arm of global cruise company , in support of its global marine protection priorities.

The grant will provide support for TNC's work to identify locations where industry and communities are most dependent on marine and coastal resources, including key conservation priority sites in which Carnival operates. The effort is designed to quantify the value of marine ecosystems and help the Nature Conservancy develop mapping tools to guide its future investment decisions. The grant also will enable the organization to scale a number of coral restoration projects in the Caribbean while advancing science that demonstrates how coral reefs and other natural systems can help reduce risks to coastal communities from storms and sea-level rise.

"Protecting and restoring the ocean is central to achieving the Nature Conservancy’s mission, and it is an organizational priority," said Lynne Hale, managing director of the Nature Conservancy's marine unit. "The multiple benefits that healthy marine systems provide are essential to human well-being and economic growth. This support from Carnival Foundation will help advance important work to better understand, protect, and restore these crucial systems."

"." Nature Conservancy Press Release 06/05/2014.