An ingenious proposal for scaling up marine protection | Mark Tercek

Island and coastal nations need to protect their waters in order for our oceans to stay healthy. But they often have lots of debt and aren't able to prioritize ocean protection over other needs. Mark Tercek and his team at The Nature Conservancy see a way to solve both problems at once: buying a nation's debt at a discount and restructuring it to give them lower payments, in exchange for the government's commitment to protect its coastal areas. Learn more about how "Blue Bonds for Conservation" work -- and how you can help unlock billions of dollars for the oceans. This ambitious plan is a part of the Audacious Project, TED's initiative to inspire and fund global change. (Voiced by Ladan Wise) Hosted on Acast. See acast.com/privacy for more information.