Lack of funding hampering marine research: UNESCO’s IOC report

On an average, states devote only 1.7 per cent of their research budgets to sciences of the ocean (0.03 percent to 11.8 per cent, depending on the country), much less than they spend on other major scientific fields, the report states, adding that it was “incomprehensible” considering the fundamental role of the oceans in regulating the climate and its rich biodiversity.