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Thursday June 30 2022

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    Food inflation is swallowing Latin America’s dietary staples

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    New EU legal action over post-Brexit deal changes

    Buyers at Risk Countries in Africa and Asia are among the most reliant on Ukraine grain

    US quietly urges Russia fertiliser deals

    George Eustice and Boris Johnson

    England’s strategy fails to address food poverty

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    Food vs fuel: Ukraine war sharpens crop use debate

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    “Sustainable” UK food labels will be mandatory, says leaked strategy

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    England’s strategy fails to address food poverty

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    Food vs fuel: Ukraine war sharpens crop use debate

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    “Sustainable” UK food labels will be mandatory, says leaked strategy

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    England’s strategy fails to address food poverty

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    Food vs fuel: Ukraine war sharpens crop use debate

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Home Topics Environment

Global stock of great whales worth

IMF figures based on whales' contribution to carbon capture

November 29, 2019
in In the news, Policy, Environment, Economy, Sustainability
0
IMF values global wale stock at more than $1 trillion global-stock-of-great-whales-worth-1-trillion

Image from WEF

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The International Monetary Fund (IMF) has estimated the value of a single great whale at more than $2 million – which comes to more than $1 trillion for the current stock of great whales, reports the World Economic Forum.

Over a lifespan of around 60 years, whales – especially great whales, such as right and grey whales – accumulate an average of 33 tonnes of CO2. When they die, they sink to the bottom of the ocean, locking that carbon away for hundreds of years.

By comparison, a tree absorbs up to 48 pounds of CO2 a year.

Part of the carbon capture potential for whales comes down to their role in increasing phytoplankton productivity wherever they go – a phenomenon called the whale pump.

More…

Further reading 

  • Trawling emits as much CO2 as global aviation
  • UN: Reflect nature’s true value in economic policies
  • Ecosystem collapse could wipe trillions from global GDP
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