Fish swim around a coral reef in Key West, Florida. AFP
Fish swim around a coral reef in Key West, Florida. AFP
Fish swim around a coral reef in Key West, Florida. AFP
Fish swim around a coral reef in Key West, Florida. AFP

Florida coral in hot water as bath-like temperature poses risks


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The heatwave baking the US and much of the globe is helping to raise water temperatures in Florida to such an extent that coral reefs are facing an existential threat.

Already hit by the effects of pollution, overfishing, disease and the destructive forces of hurricanes, ever-warmer water is heaping new misery on the fragile marine ecosystem.

In some parts of the Sunshine State, the water is now as hot as a bathtub, hitting 36.5°C near the Upper Keys last week.

Local organisations, including several supported by funding from the UAE, are urgently trying to save Florida's coral, which acts as the ocean's lungs as it pulls carbon dioxide from the atmosphere and pumps out oxygen.

Reefs are also natural barriers, protecting coastlines from flooding and storms, and breeding grounds for fish and other marine life.

Tim Gallaudet, a retired US Navy rear admiral and a leading oceanographer, said water temperatures are far above normal and could harm the corals' ability to reproduce.

“If the high temperatures persist for a few weeks, coral reefs could undergo bleaching or weaken as they expel the algae that inhabit their tissues,” Mr Gallaudet told The National.

“Even if coral bleaching doesn't occur, the conditions are already conducive to additional stress before the expected coral spawning in August.”

July 3 was the hottest day globally since records began, and climate scientists are warning that the world is falling far short of meeting targets to cut emissions and limit temperature rises.

Global sea surface temperatures have been at record highs since April, with the North Atlantic extremely warm since mid-March, meteorologists report.

“We are in uncharted territory and we can expect more records to fall,” Christopher Hewitt, the World Meteorological Organisation's director of climate services, told AP. “This is worrying news for the planet.”

In collaboration with local groups in southern Florida, the UAE has been working for more than three years to protect the Florida Reef Tract, through the Mission: Iconic Reefs initiative.

Mr Gallaudet, who was previously deputy director of the National Oceanic and Atmospheric Administration and is now chief executive of Ocean STL Consulting, said the partnership between the US and the UAE is crucial to marine conservation.

In February 2020, the UAE announced a donation of $3.5 million to support the coral restoration efforts, administered by United Way of Collier and the Keys.

The loss of coral reefs can have cascading effects on the economy and culture of the Florida Keys region, which are deeply rooted in the local marine ecosystem.

A coral reef in Key West, Florida. AFP
A coral reef in Key West, Florida. AFP

The unique habitats generate billions of dollars in recreation and tourism for Florida.

Healthy coral reefs provide a habitat for commercially and recreationally important fish species, and marine animals including spiny lobsters and sea turtles.

“Local efforts have struggled to keep pace with the rate of decline,” Mr Gallaudet said. “This is where the UAE's partnership is instrumental in helping Florida to catch up.”

Marine biologist Jessica Dockery, the Reef Revitalisation Project Liaison at UWCK, said rising sea temperatures, ocean acidification, and more frequent and severe coral bleaching events are all consequences of climate change that can lead to the decline and destruction of coral reefs.

Preserving and restoring coral reefs is crucial for mitigating climate change and for their survival against the effects of climate change impacts.

“The joint effort between the United States and the United Arab Emirates not only aims to address the impacts of climate change, but also to protect and restore these invaluable coral reefs,” Ms Dockery told The National.

“By collaborating on this vital mission, we can secure a brighter future for our oceans, marine life and the communities that rely on them.”

The Florida Keys has the only barrier reef in North America and about 60 per cent of residents are dependent on the marine environment.

Globally, coral bleaching and dying are becoming more frequent with climate change, especially during an El Nino year, with Australia’s Great Barrier Reef losing half of its coral during the last supersized El Nino in 2016.

A coral restoration technician works at a brain coral farm in Summerland Key, Florida. Getty / AFP
A coral restoration technician works at a brain coral farm in Summerland Key, Florida. Getty / AFP
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Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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China

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UAE

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Japan

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Norway

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Canada

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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: July 21, 2023, 6:00 PM