Coral reefs protect coastlines from storms and erosion, provide jobs for local communities, and offer opportunities for recreation. They are also are a source of food an new medicines. Over half a billion people depend on reefs for food, income, and protection. Fishing, diving, and snorkeling on and near reefs add hundreds of millions of dollars to local businesses. The net economic value of the world’s coral reefs is estimated to be nearly tens of billions of U.S. dollars per year. These ecosystems are also culturally important to indigenous people around the world.
Healthy reefs act as natural barriers, protecting coastal cities, communities, and beaches from pounding ocean waves. Nearly 200 million people depend on coral reefs to protect them from storm surges and waves. Without coral reefs, many beaches and buildings would become vulnerable to wave action and storm damage. With more frequent and severe storms predicted as part of climate change, coastal protection services will become even more important.
Unfortunately,we have already lost or severely damaged more than 50% of coral reefs and 85% of oyster beds worldwide. Studies estimate nearly all reefs will be at risk by 2050 unless action is taken now to reduce the threats. These alarming projections are increasingly becoming a major challenge in many parts of the world. This is caused by three main factors: climate change, overfishing and direct human impacts.
We aim to change that. With Reef.io
Reef.io is a digital monitoring and predictive maintenance platform that uses artificial intelligence, satellite imagery and user driven data to support coral reef health, sustainable and profitable aquaculture and seafood management.