prevention - in problems related to rising sea levels. To give every country a fair chance
of moving forward, specialized and/or dedicated funding is needed. We urge the
participating parties to create a "Blue Climate Fund," which is similar to the current
Green Climate Fund, a UNFCCC-affiliated grant, loan, and private sector instrument.
The job of these funds would be to assist developing nations in fighting ocean related
climate crises, oceanic research, and investigation projects.
Another consequence of polluting emissions related to oceans is acidification. This
consists of a decrease in the oceans' pH as a result of CO
2
and NO
2
. This is making life
impossible for multiple species, especially in coral reefs. It also affects the economy, as
ocean acidification is expected to cost the global economy more than $1 trillion USD
per year by 2100. With these statistics in mind, we propose to reduce GHG emissions
through legislation (reduce taxes for producers of renewable energy products, limiting
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"Fading" Raenar F. Sanchez, 15, Los Baños, Philippines
