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Critics claim the groundbreaking treaty, which turns 75 this month, is no longer fit for purpose. Without it, however, there would be chaos.
Forcing funds to invest members’ savings in particular projects or sectors is problematic. There’s a better approach.
A UNESCO draft decision will keep the Great Barrier Reef off its ‘in danger’ list. Meanwhile, the Reef keeps changing as ocean temperatures continue to rise.
The changes come just weeks after the US threatened new tariffs of up to 12.5% on 60 countries – including Australia – for inaction on slave labour.