Region's coral reefs dead by 2050, warns ADB president

With a dire warning that, “If we do not act now, by 2050, 90% of the region’s coral reefs will be dead, and there will be no commercially exploitable wild fish stocks left,” the President of the Asian Development Bank, Mr Takehiko Nakao, launched an ‘Action Plan for Healthy Oceans and Sustainable Blue Economies for Asia and the Pacific’ yesterday, 3 May in Fiji. By Pesi Fonua.