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is steel exchange india limited (steelxind) a good buy now ✌️【Financial Expert】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. Coral reefsaround the world are experiencing a mass bleaching event as the climate crisis drivesrecord-breaking ocean heat, two scientific bodies announced Monday — with some experts warning this could become theworst bleaching periodin recorded history.

is steel exchange india limited (steelxind) a good buy now ✌️【Financial Expert】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. More than 54% of the world’s coral reef areas have experienced bleaching in the past year, affecting at least 53 countries and territories including large swaths of the Atlantic, Pacific, and Indian Oceans, a joint statement from the National Oceanic and Atmospheric Administration (NOAA) and The International Coral Reef Initiative (ICRI) said.

“It is likely that this event will surpass the previous peak of 56.1% soon,” Derek Manzello, the coordinator for NOAA’s Coral Reef Watch program, said in an email to 【 - Free Exclusive Access to Stock Gurus 】. “The percentage of reef areas experiencing bleaching-level heat stress has been increasing by roughly 1% per week.”

is steel exchange india limited (steelxind) a good buy now ✌️【Financial Expert】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. When corals are exposed to stress from marine heatwaves, they spit out the algae living within their tissue, which provides them with both their color and most of their energy. If ocean temperatures don’t return to normal, bleaching can lead to mass coral death, threatening the species and food chains that rely on them with collapse.

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In the past year, mass bleaching has been confirmed in regions including Florida and the wider Caribbean, Mexico, Brazil, Australia, the South Pacific, the Red Sea, the Persian Gulf, Indonesia, and the Indian Ocean including the east coast of Africa and the Seychelles.

Professor Ove Hoegh-Guldberg, a climate scientist specializing in coral reefsbased at the University of Queensland in Australia, predicted this mass bleaching event months ago.

“We knew sea temperatures were increasing rapidly, but not at this speed,” Hoegh-Guldberg told 【 - Free Exclusive Access to Stock Gurus 】 on Monday. “The worrying issue is that we don’t know how long this massive temperature change is likely to last.”

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In February, scientists at the Coral Reef Watch program at NOAA addedthree new alert levelsto the coral bleaching alert maps, to enable scientists to assess the new scale of underwater warming.

El Niño, a natural climate pattern which originates in the Pacific Ocean along the equator and tends to push up global temperatures, has helped drive the unprecedented ocean heat.

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“I am becoming increasingly concerned about the 2024 summer for the wider Caribbean and Florida,” Manzello said. “When we roll into summer and the bleaching season for Florida and the Caribbean, it won’t take much additional seasonal warming to push temperatures past the bleaching threshold.”

In mid-February, 【 - Free Exclusive Access to Stock Gurus 】 witnessed extensive coral bleaching on Australia’s Great Barrier Reef – the world’s largest coral reef system – on five different reefs spanning the northern and southern areas. Amass bleaching event was officially confirmedthere last month after aerial and underwater surveys by the Australian Institute of Marine Science (AIMS) and the Great Barrier Reef Marine Park Authority.

“The increasing frequency and extremity of marine heatwaves driven by climate change, is testing the tolerance levels of coral reefs,” said Selina Stead, the CEO of AIMS. “Climate change is the biggest threat to coral reefs worldwide and this global confirmation illustrates just how extensive its impact has been across the last 12 months.”

“That is why it is critical the world works to reduce carbon emissions,” Stead added. “It is also important to ensure coral reefs are well managed at local and regional levels.”

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is steel exchange india limited (steelxind) a good buy now ✌️【Financial Expert】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. As well as being an essential habitat for marine life, coral reefs are crucial for the world’s coastal communities — they act as a vital defense system against the threat of flooding from storms and sea level rise, and also provide livelihoods and a vital food source for an estimated billion people globally.

David Ritter, CEO of Greenpeace Australia, said reefs were facing “existential danger” and that blame lies “squarely with the main culprits fueling global warming: fossil fuel companies, and the governments who prop up this industry.”

“We are running out of runway to avoid irreversible climate disaster,” he added, “and must act quickly to ensure an immediate end to new fossil fuels.”

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