Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Australia's Great Barrier Reef suffers record coral decline following mass bleaching
    Headlines

    Australia's Great Barrier Reef suffers record coral decline following mass bleaching

    Australia's Great Barrier Reef suffers record coral decline following mass bleaching

    Published by Global Banking and Finance Review

    Posted on August 5, 2025

    Featured image for article about Headlines

    By Alasdair Pal

    SYDNEY (Reuters) -Australia's Great Barrier Reef has suffered the largest decline in coral cover in two of its three regions over the last year, research released on Wednesday showed, following a mass bleaching of its corals that was among the worst on record.

    The Australian Institute of Marine Sciences said the reef has experienced the largest annual decline in coral cover in its northern and southern regions since monitoring began 39 years ago, with coral cover dropping between a quarter and a third after several years of solid growth.

    "We are now seeing increased volatility in the levels of hard coral cover," said Mike Emslie, head of institute's long term monitoring programme.

    "This is a phenomenon that emerged over the last 15 years and points to an ecosystem under stress."

    The reef, the world's largest living ecosystem, stretches for some 2,400 km (1,500 miles) off the coast of the northern state of Queensland.

    Since 2016, the reef has experienced five summers of mass coral bleaching, when large sections of the reef turn white due to heat stress, putting them at greater risk of death.

    The 2024 event had the largest footprint ever recorded on the reef, with high to extreme bleaching across all of its three regions, the report said.

    The Great Barrier Reef is not currently on UNESCO's list of world heritage sites that are in danger, though the UN recommends it should be added.

    Australia has lobbied for years to keep the reef - which contributes A$6.4 billion ($4.2 billion) to the economy annually - off the endangered list, as it could damage tourism.

    (Reporting by Alasdair Pal in Sydney; Editing by Lincoln Feast)

    Related Posts
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    UK police plan tougher action against antisemitic chants and protests
    UK police plan tougher action against antisemitic chants and protests
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Warner Bros Discovery board rejects rival bid from Paramount
    Warner Bros Discovery board rejects rival bid from Paramount
    UK issues ultimatum to Abramovich over 2.5 billion pound Chelsea sale proceeds
    UK issues ultimatum to Abramovich over 2.5 billion pound Chelsea sale proceeds
    European parliament approves citizens' initiative to help abortion access across EU
    European parliament approves citizens' initiative to help abortion access across EU
    UK's Duke of Marlborough charged with intentional strangulation
    UK's Duke of Marlborough charged with intentional strangulation
    Ukraine says it controls 90% of Kupiansk, Russia denies it
    Ukraine says it controls 90% of Kupiansk, Russia denies it
    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times
    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times
    Cyberattack on French interior ministry's email servers compromised more than 20 files
    Cyberattack on French interior ministry's email servers compromised more than 20 files
    WTO chair rules out reform deal at next major meeting, document shows
    WTO chair rules out reform deal at next major meeting, document shows
    EU Parliament approves phase out of Russian gas imports
    EU Parliament approves phase out of Russian gas imports

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Decline in UK industrial orders eases slightly, CBI says

    Decline in UK industrial orders eases slightly, CBI says

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    UK announces four Syria sanctions de-listings, one under Iran sanctions regime

    UK announces four Syria sanctions de-listings, one under Iran sanctions regime

    How combative videographers fire up Britain's asylum hotel protests

    How combative videographers fire up Britain's asylum hotel protests

    UK police charge teenage boy with nine-year-old girl's murder

    UK police charge teenage boy with nine-year-old girl's murder

    Paris' Louvre reopens partially but staff vote to extend strike

    Paris' Louvre reopens partially but staff vote to extend strike

    Portugal's government to amend labour reform after general strike

    Portugal's government to amend labour reform after general strike

    Kremlin says Russia's position on European troops in Ukraine is known but open to discussions

    Kremlin says Russia's position on European troops in Ukraine is known but open to discussions

    UK will rejoin EU's Erasmus+ student exchange scheme

    UK will rejoin EU's Erasmus+ student exchange scheme

    View All Headlines Posts
    Previous Headlines PostTrump to host Armenia, Azerbaijan leaders for peace talks on Friday, US official says
    Next Headlines PostUK's Reeves heading for 'impossible' choices in this year's budget, think tank says