Climate change and over-fishing are putting the world’s oceans at risk.
Climate change and over-fishing are putting the world’s oceans at risk. Bob Edmeap

Oceans valued at $31 trillion, but under attack

THE world's oceans could be worth as much as $31 trillion, but that value was at risk from an "unrelenting assault" from over-fishing, climate change and development, a new report says.

The review of the economic value of oceans by University of Queensland's Professor Ove Hoegh-Guldberg was released on Thursday.

Prof Hoegh-Guldberg said the ocean's goods and services from fishing to coastal storm protection were at greater risk now than "any other time in recorded history".


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