Home / Global / Nobel-winning stock market theory used to help save coral reefs

Nobel-winning stock market theory used to help save coral reefs

Portfolio selection rules on evaluating risk used to pick 50 reefs as ‘arks’ best able to survive climate crisis and revive coral elsewhere

A Nobel prize-winning economic theory used by investors is showing early signs of helping save threatened coral reefs, scientists say.

Researchers at Australia’s University of Queensland used modern portfolio theory (MPT), a mathematical framework developed by the economist Harry Markowitz in the 1950s to help risk-averse investors maximise returns, to identify the 50 reefs or coral sanctuaries around the world that are most likely to survive the climate crisis and be able to repopulate other reefs, if other threats are absent.

Continue reading…

About admin

Check Also

Snowstorm blankets eastern Mediterranean closing airports, schools and vaccination centres

Istanbul airport was forced to shut down while motorists were trapped in cars around Athens …