DiCaprio Foundation Awards $2 Million for Ocean Conservation

DiCaprio Foundation Awards $2 Million for Ocean Conservation

The Leonardo DiCaprio Foundation has announced a $2 million grant to Oceans 5, a funder collaborative dedicated to putting a stop to overfishing and establishing marine reserves in the world's five oceans.

The funds will support efforts to create large protected areas in the Pacific and Arctic oceans while also improving fisheries enforcement in Europe, the United States, and Central America. Grantees include a coalition of four conservation groups working to strengthen controls on illegal fishing in the European Union; a local organization in the Republic of Kiribati, an island nation in the Pacific, that will create the world's fourth-largest marine reserve; a coalition of three groups working to improve fisheries enforcement in Costa Rica, Panama, Colombia, and Ecuador; a group of Cook Islanders seeking to create a marine park; and several organizations working to establish Arctic marine reserves in Canada, Greenland, and Russia.

A project of Rockefeller Philanthropy Advisors, Oceans 5 includes the Paul M. Angell Family, Marisla, Moore Charitable, Oak, Planet HeritageWaitt, and DiCaprio foundations and Bill and Shannon Joy.

"Oceans 5 is an exciting new platform for marine conservation," said DiCaprio. "Working together with other philanthropists, we are making smarter, more impactful investments for the future of our planet. The sad truth is that less than 2 percent of our oceans are fully protected. We need to change that now."

"DiCaprio Foundation Grants $2 Million to Ocean Conservation." Leonardo DiCaprio Foundation Press Release 10/16/2014.