Oceans at Risk: Report Warns Global Fossil Fuel Expansion Threatens Marine Biodiversity

A report documents the impact of unchecked oil and gas projects in biologically rich and ecologically sensitive environments. Credit Credit: Spencer Thomas

A report documents the impact of unchecked oil and gas projects in biologically rich and ecologically sensitive environments. Credit: Spencer Thomas

By Umar Manzoor Shah
SACRAMENTO, US & NEW DELHI, India:, Jun 9 2025 – A newly released report by Earth Insight in collaboration with 16 environmental organizations has sounded a global alarm on the unchecked expansion of offshore oil and gas projects into some of the most biologically rich and ecologically sensitive marine environments on the planet.

Titled Ocean Frontiers at Risk: Fossil Fuel Expansion Threats to Biodiversity Hotspots and Climate Stability, the report documents how 2.7 million square kilometers of ocean territory—an area nearly the size of India—has been opened to oil and gas exploration, much of it within or adjacent to protected areas and biodiversity hotspots.

The findings are based on a detailed spatial analysis of 11 case study regions, with data drawn from government ministries, investor briefings, and independent mapping efforts. The report was released ahead of the 3rd UN Ocean Conference (UNOC3) taking place in Nice, France, this week.

Tyson Miller, Executive Director of Earth Insight, described the process in an exclusive interview with Inter Press Service (IPS).

“Our research unit selected 11 frontier regions out of many and built a dataset with a mix of publicly available data and digitized information where government data was lacking,” Miller said. “It was shocking to see the scale of planned oil and gas expansion and LNG development, knowing that fossil fuel expansion shouldn’t be happening—let alone in some of the world’s most sensitive ecosystems.”

‘Overlap between oil blocks and critical habitats deeply troubling’

The report warns of massive ecological consequences as oil and gas activities encroach on coral reefs, mangroves, seagrass meadows, and Important Marine Mammal Areas (IMMA). Many of these zones fall within existing or proposed Marine Protected Areas (MPAs) and Key Biodiversity Areas (KBAs), which the international community has pledged to safeguard under initiatives like the 30×30 goal—protecting 30% of land and sea by 2030.

“Expanding marine protected areas is essential,” said Miller. “Safeguarding protected areas from oil and gas expansion and industrial development should go without saying. Yet, the extent of overlap between oil blocks and critical habitats is deeply troubling.”

In regions like the Gulf of California—also known as “the world’s aquarium”—LNG projects are already threatening a marine ecosystem that supports 39 percent of all marine mammal species and sustains hundreds of millions of dollars in fisheries. Despite local opposition and delayed environmental impact assessments, the area remains under active threat from fossil fuel expansion.

Meanwhile, off the coasts of Seychelles and Mauritius, the Saya de Malha Bank—a massive seagrass meadow that stores up to 10 percent of the ocean’s annual carbon despite covering just 0.2 percent of its surface—is now 98 percent overlapped by oil and gas blocks.

“There are important efforts underway to support the creation of a Marine Protected Area in the region—and if an exclusion of oil and gas and industrial activity in the area accompanied that, that would be a real positive step in the right direction,” Miller said.

Another key theme of the report is the outsized pressure placed on countries in the Global South to become new frontiers for fossil fuel extraction, even as they face increasing debt and climate vulnerability. Governments facing financial strain are often courted by foreign energy firms with promises of investment, job creation, and energy independence. However, the long-term consequences—both ecological and financial—are far more complex.

“Many countries in the Global South face high external debt and economic development pressures,” Miller explained. “Perhaps debt relief and payments for ecosystem services can become effective levers to help safeguard coastlines. Without this support, elected officials may greenlight projects that ultimately cost far more in the form of pollution, habitat destruction, and cleanup efforts.”

Indeed, the Ocean Protection Gap Report, also referenced in Earth Insight’s study, identifies billions of dollars in promised—but yet to be delivered—financing for marine conservation and climate resilience in low-income nations.

Incredible Work by Frontline and Indigenous Communities

Despite facing immense challenges, Indigenous and coastal communities are leading grassroots resistance movements in many of the threatened regions. In Mexico’s Gulf of California, local activism has successfully delayed LNG terminal approvals due to the absence of proper environmental reviews. In the Philippines, Papua New Guinea, Mozambique, and elsewhere, community-led campaigns continue to demand transparency, ecological justice, and a halt to extractive projects.

“Frontline and Indigenous communities are doing incredible work to oppose fossil fuel expansion, often with limited resources and at great personal risk,” said Miller. “They need more direct support and more visible platforms to champion their vision for the future.”

Yet these communities, according to the report, are frequently up against entrenched corporate and political interests, making their fight not just environmental but also a struggle for democratic participation, land rights, and long-term sovereignty over natural resources.

Policy Roadmap

The report has pitched a policy roadmap for global leaders, particularly in the lead-up to high-stakes forums like COP and the UN Ocean Conference (UNOC). These include:

  • Halting all new coastal and offshore fossil fuel developments, especially in environmentally sensitive regions.
  • Removing unassigned oil and gas blocks and stopping the approval of new exploration licenses and permits.
  • Ending financial support—including investments, insurance, and financing—for planned offshore fossil fuel projects.
  • Shifting public and private capital to renewable energy, including offshore wind and solar.
  • Ensuring a just transition that includes full decommissioning of abandoned offshore infrastructure and stakeholder inclusion.
  • Undertaking habitat restoration where damage from fossil fuel operations has already occurred.
  • Strengthening global legal frameworks, including support for treaties like the Fossil Fuel Non-Proliferation Treaty to prevent new coastal and offshore oil expansion.

“It’s time for global leaders to take bold, enforceable actions,” said Miller. “If the UN Ocean Conference wants to be taken seriously, it must directly address the growing threat of fossil fuel industrialization on coastlines and oceans.”

IPS UN Bureau Report

 

IBTA IMPORTANT DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Ibotta, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important June 16 Deadline in Securities Class Action First Filed by the Firm – IBTA

NEW YORK, June 08, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA): (1) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ibotta’s April 18, 2024 initial public offering (the “IPO”); or (2) between April 18, 2024 and February 26, 2025, inclusive (the “Class Period”), of the important June 16, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Ibotta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Ibotta class action, go to https://rosenlegal.com/submit–form/?case_id=36526 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 16, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, in the Registration Statement and/or throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Ibotta did not properly warn investors of the risk concerning Ibotta’s contract with Kroger; (2) Ibotta’s data measurement system did not provide accurate, precise, and real time client campaign and consumer data measurement; (3) Ibotta’s business mix had shifted and was generating less revenue; and (4) Ibotta had “exhausted” its clients’ budgets, negatively impacting fourth quarter 2024 revenue and expected first quarter 2025 revenue. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Ibotta action, go to https://rosenlegal.com/submit–form/?case_id=36526 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email [email protected] for information on the class action.

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