September 24, 2018
Oceana Receives $10.5 Million for Ocean Conservation
News Source: Philanthropy News Digest
International advocacy organization Oceana has announced a $10.5 million grant from London-based Arcadia in support of its efforts to protect and restore ecosystems in biodiverse areas, preserve key marine habitats, stop overfishing, and protect vulnerable marine life.
The grant will enable the organization to continue campaigning for science-based policies that safeguard critical marine habitats; protect sharks, sea turtles, marine mammals, and other ocean species; establish sustainable, science-based management of fisheries and deter illegal fishing; and reduce ocean pollution.
"Oceana has established a consistent track record as an effective campaigner for the oceans," said Lisbet Rausing, who co-founded Arcadia with Peter Baldwin. "We are pleased to be able to continue supporting their work and hope Oceana will continue to expand their area of influence."
"We are grateful to Arcadia for their commitment to Oceana," said Oceana CEO Andy Sharpless. "Arcadia has been one of Oceana's most dedicated supporters, and they have empowered us to win policy victories that have protected more than four and a half million square miles of ocean habitat. The extended duration of this new grant shows that Arcadia expects Oceana to continue winning these sorts of victories for years to come."