Living whales are worth an enormous amount of money

A great whale is worth $2 million. The size of that number so terrified Ralph Chami, the economist who appraised the whales, that he sought refuge in a church for the first time in 30 years. Inside St. Matthew’s Cathedral in the District, a few blocks from Chami’s office at the International Monetary Fund, the…
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Could it be that the whales can save us all!

Scientists at the International Monetary Fund (IMF) have calculated the value of a whale at $2 million each due to the important role they have in reducing the amount of CO2 in our atmosphere. Whales have been being hunted for hundreds of years with numbers reaching an all time low in the 1930s when over…
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Major shipping companies will not use the Arctic sea route

The Gwc Is Thrilled! Major shipping companies announce they will not use the Arctic sea route as a shortcut between Europe and Asia. This is fabulous news for endangered bowhead whales! https://www.seatrade-maritime.com/news/europe/msc-joins-major-lines-in-rejecting-the-use-of-arctic-routes/

“Protect Whales to Protect the Planet” – says UN Environment Programme

Whales are known for being the largest and most intelligent creatures in the ocean. Now, marine biologists have discovered that they also capture tonnes of carbon from the atmosphere, a service with an economic value of US$1 trillion for all the great whales, according to a study published by the International Monetary Fund. https://www.unenvironment.org/news-and-stories/story/protecting-whales-protect-planet

National Geographic Article – How much is a whale worth?

The benefits provided by great whales, including capturing carbon, make a powerful case for protecting them, according to economists. by Madeleine Stone @NatGeo https://www.nationalgeographic.com/environment/2019/09/how-much-is-a-whale-worth/

TOO OLD TO SKIP SCHOOL, BUT NOT TO MARCH

TOO OLD TO SKIP SCHOOL, BUT NOT TO MARCH YOUTH CLIMATE STRIKE WASHINGTON, D.C. Friday, 9/20/2019 by Rima Saliba, GWC friend and whale advocate   When one young activist at the Youth Climate Strike stood on the stage, with the Capitol building rising behind her, and shouted passionately into the mic, “…where are the parents….?”,…
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Michael Fishbach presenting at Squam Climate Change Forum and more . . .

Don’t miss Michael Fishbach and Bonnie Monteleone on their swing through New Hampshire, bringing a message for saving the oceans.   On September 25, 2019 the Special Report on Oceans and Cryosphere in a Changing Climate will be published, raising the alarm about the urgency to take actions to reverse and mitigate the impacts of climate…
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Learn about whale carbon and oceanic blue carbon

Colleagues at GRID-Arendal lay out the growing consensus for protecting the ocean’s marine life, including whales, due to their vital contribution to mitigating climate change. Whale populations have enormous value for the global good Our oceans, and all marine life, play a central role in stabilizing the Earth’s climate. Oceans mitigate climate change by serving…
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Just released — Nature’s Solution to Climate Change

A strategy to protect whales can limit greenhouse gases and global warming A new paper by Ralph Chami, Assistant Director at the International Monetary Fund (IMF), and a member of the Board of Advisors for the GWC, has just been published in the IMF’s Finance & Development, on valuing whales for their role in sequestering…
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GWC Press Release – Whales valued at over $1 trillion

A new International Monetary Fund (IMF) paper values the role of whales in carbon sequestration and healthy ocean functioning at over $1 trillion Coordinating the economics of whale protection must rise to the top of the global community’s climate agenda. Whales play an “irreplaceable role” in mitigating and building resilience to climate change. Altering shipping…
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The $2 million whale on “CBC the World This Weekend”

Michael Fishbach and Ralph Chami appeared on CBC The World This Weekend  Sunday, September 15 at 6:00 pm EST to talk about their work on valuing whales for their ecosystem and economic benefits. Listen to the podcast here: http://soundcloud.com/rhoda-metcalfe/the-2-million-whale