Lula Calls for \$150 Billion Boost to Save the Oceans

President Lula's impassioned plea for increased global funding for ocean conservation dominated discussions at the Blue Economy Finance and Economy Forum in France. Speaking at the event, Lula highlighted the stark contrast between the massive sums allocated to military spending and the chronic underfunding of the UN's Sustainable Development Goal (SDG) focused on marine resource conservation. He stated, "The numbers show that there's no shortage of money; what's lacking is the political will and commitment to fund these crucial initiatives." Lula's remarks underscore the urgent need for international cooperation and financial support to protect the world's oceans, which are facing numerous threats from pollution, overfishing, and climate change. The estimated annual shortfall of \$150 billion, according to Lula, represents a significant obstacle to achieving sustainable ocean management. His call to action emphasizes the need for a collective effort to address this critical global challenge.