Resilient nature of coral reefs highlighted in new report

As Monaco handed over the chair of the International Coral Reef Initiative to the US, a new report revealed that 14% of coral reefs have disappeared since 2009. But there is hope if drastic action is taken.
After a three-year mandate, Monaco, Australia and Indonesia passed on their Joint Presidency to the United States of America, one of the founding members of the International Coral Reef Initiative (ICRI) alongside the Principality.
The virtual ceremony was an opportunity to take stock of the results of an action plan adopted by the ICRI in 2018, a plan based on four tenets: to promote effective solutions to improve the protection of coral reefs, to understand the evolution of coral reefs, to improve understanding of the live reef fish trade for food, and to reduce anthropogenic threats to coral reefs.
As a result, policy makers have been made aware of the ecological, social and economic values ​​of coral reefs and the cumulative threats they face.
Meanwhile, the Global Coral Reef Monitoring Network (GCRMN) officially presented its sixth report at the meeting, the largest ever analysis of the health of coral reefs around the world.
It showed that in the last decade, the world lost about 14% of its coral reefs, with ocean-acidification, warmer sea temperatures and local stressors such as overfishing, pollution, unsustainable tourism and poor coastal management posing a combined threat to the coral ecosystems.
The GCRMN report was drawn from a global dataset gathered by over 300 members of the network covering four decades from 1978 to 2019. It had almost two million observations from more than 12,000 sites in 73 reef-bearing countries across the globe.
In underlying the catastrophic consequences of global warming, the report also shows that many coral reefs around the world remain resilient and can rebuild themselves if conditions allow.
In 2019, the world regained two per cent of its coral cover in spite of a short interval between mass coral bleaching events in the last decade.
These instances point to the fact that these critical ecosystems have the capacity to recover if pressure on them eases, the researchers noted. They can even resuscitate to their pre-1998 health in the next 10 years, the report mentioned.
While chair of the ICRI, several Monegasque entities were assembled under the direction of Bernard Fautrier, Special Advisor on environmental issues to Prince Albert. They included the Prince Albert II Foundation and the Department of External Relations and Cooperation, while the Scientific Centre of Monaco contributed significantly to the work concerning reef restoration.
Another result of Monaco’s commitment was the 2020 launch of the World Coral Reef Fund by the Prince Albert II of Monaco Foundation and the Paul G. Allen Foundation, which many states have since supported.
 
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Photo by Milos Prelevic on Unsplash
 
 
 

On board Azteca 

Even amidst this great crypto boom, selling a €65 million superyacht for bitcoin is a unique strategy. But, during the Monaco Yacht Show, it was clear that the approach is generating the right interest from the right circles.
She is a 72-metre masterpiece with only one owner, and the largest yacht built so far by CRN.
Azteca has spent her life as a private luxury family vessel, characterised by her large spaces, sprawling relaxation areas, a 110sqm beach club and a very impressive sun deck.
“We were very happy to list this boat for sale because there is no comparison on the market in terms of volume, quality, maintenance… you name it,” Fernando Nicholson, Senior Sales Broker for Camper and Nicholsons tells me onboard Azteca during the Monaco Yacht Show.

The gaming room onboard Azteca, photo provided by Camper and Nicholsons

Azteca, which is co-listed with Edmiston, has only been on the market since the start of September and interest, says Fernando, has been huge, not least because the owner has gone for a unique marketing strategy.
“We need to move with the new world, and the new world is about crypto and digital currency,” he says. “We have to be a part of that, and the owner is very understanding of this, that’s why he decided to go that route.”
Azteca was built in 2010 and has spent three to four months every year in maintenance, hence the impeccable condition of the superyacht. She has enough power to cruise from Iceland to Chile on a single tank of gas, a yacht built for trans-oceanic exploration in unrivalled comfort.
The sundeck on Azteca, photo provided by Camper and Nicholsons

And she is impressive. Custom designed to the owner’s strictest demands, Azteca’s standout features include the sundeck with shaded bar, gym, helipad and jacuzzi; the glass lift that connects to an enormous owners’ suite with private terrace, twin bathrooms and massage salon; and the award-winning galley must feel like heaven for the yacht’s team of chefs.
In fact, the overall volume of this yacht feels unprecedented.
So why is the owner selling? Well, he just happens to have already brought another impressive vessel – the renowned 105-metre Lady Moura, the “original superyacht”, that went for a cool €105 million in June.
 
Click on the images below to see more photos of Azteca…

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BeMed launches new call for projects

BeMed, the joint venture between the Prince Albert II of Monaco Foundation, the Tara Ocean Foundation, Surfrider Foundation Europe and the MAVA Foundation to clean up plastic waste clogging the Mediterranean, has launched its sixth call for micro-initiatives to aid in the endeavour.
Coinciding with World Maritime Day, BeMed has put out a call for new field projects led by non-governmental organisations (NGOs), scientific institutions, businesses, municipalities, and local authorities who have creative solutions to the increasing problem of plastic pollution in the sea.
The Mediterranean, considered the most polluted sea in the world despite representing only 0.7% of the total global ocean surfaces, is at particular risk due to its semi-enclosed geography, large number of maritime transports, fishing pressures and tourist activities. There is an estimated 1.2 million tonnes of plastic floating around, suffocating or strangling sea animals as well as breaking down into micro-plastics which can cause harm to animals and humans in the long term.
In response, BeMed has spent the past five years working with interested parties to reduce plastic pollution and protect the Med.
To date, there has been a total of 69 projects, emanating from 14 Mediterranean countries that have had the support of BeMed.
Now they are asking for those with great ideas on how to help to come forward.
The open period for applications will run from 30th September to 2nd January 2022 and can be downloaded from the website. Those selected can receive up to €10,000, with a required minimum of 25% co-financing from other sources. The projects should start no sooner than June 2022, to be implemented over 12 to 18 months.
 
 
Photo source: Unsplash
 
 
 

Bond film premiere pulls out all the stops

It was a glittering night that would turn even the world-weary James Bond’s head, as singer Shirley Bassey joined a debonaire Prince Albert, actress Sharon Stone and director Cary Fukanaga at the screening of the latest installation in the 007 series, No Time To Die.
It was quite an evening for fans of 007 in Monaco. The Principality was the site of the unique premiere screening of the latest Ian Fleming-inspired James Bond film, No Time To Die.
The event attracted super-celeb Sharon Stone, whose slinky Dolce & Gabbana silver cocktail dress was an absolute showstopper. The 63-year-old actress was all smiles as she rocked the dress with the confidence of a woman who knows she can still turn heads at any age.
She was joined by Prince Albert II who wore a white tuxedo worthy of Bond himself. Also at the screening was the film’s Director and Princess Grace Award winner Cary Joji Fukunaga, together with Christian Moore, son of the late actor and former Bond Sir Roger Moore.
The red-carpet screening took place at the iconic Opera Garnier and was followed by a black-tie after-party at the Casino de Monte-Carlo, another homage to the 007 series from Casino Royale, complete with croupiers, masked waiters, and glittering, golden ‘gun’ wielding dancers.
Singer and Monaco resident Dame Shirley Bassey was also there to celebrate the 25th film in the series. Bassey recorded theme songs to three Bond films including Goldfinger, Diamonds are Forever and Moonraker.
Other notable gusts were designer Philip Plein, Lady Tina Green, model Victoria Silvstedt, and Monaco royals Camille Gottlieb and Louis and Marie Ducruet.
In a speech displayed on the big screen ahead of the film, Prince Albert II said: “It is my distinct privilege to welcome the screening of No Time To Die to Monaco. It is particularly meaningful for us to honour the late Sir Roger Moore and Princess Grace Award winner Cary Joji Fukunaga here because of the special ties that connect them to us. Sir Roger Moore was a dear friend to my mother and we remain grateful for his guidance establishing the Princess Grace Foundation-USA. We are equally proud of Princess Grace Award winner Cary Joji Fukunaga’s masterful direction of No Time to Die, and to know that my mother’s legacy lives on through his flourishing career.”
Cary Fukanaga added on screen: “Becoming part of the Princess Grace Awards family has been incredible. I received a scholarship that helped propel my career in a multitude of ways. Several years ago, I had the pleasure of meeting Sir Roger Moore in Monaco when I received my second Princess Grace Award, I never would have imagined that just five years later I would be helming No Time to Die.”
Proceeds from the event are being targeted to a new Princess Grace Award in honour of Sir Roger, who was a long-time resident of Monaco as well as being a founding member of the Princess Grace Foundation-USA. The Roger Moore Film Scholarship will be endowed in perpetuity to an emerging filmmaker, with the first recipient being announced in 2022.
“My father was a great man, a beloved actor and deeply committed to the arts,” said Christian Moore. “He adored Princess Grace and believed in Her mission to support emerging talent and ensuring the arts community remained vibrant and impactful. My family thanks the Princely Family for their generosity recognising my father by bestowing him with this named award. I know he would be truly humbled.”
 
Monaco Life is proud to have been the main media sponsor of the exclusive James Bond event, organised by the Princess Grace Foundation-USA. To see more pictures of the red carpet, click on the images below… 
 


 
Photos by Benedetta Pizzonia for Monaco Life
 
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“It was clear I was creating the final chapter”

Ahead of the red carpet premier of ‘No Time To Die’ on Wednesday night, Cary Fukanaga spoke to Monaco Life about what it was like to co-write and direct the film that famously closes the book on Daniel Craig’s James Bond.
It could have been a scene straight out of a 007 film – Cary Joji Fukanaga, handsomely dressed in a white tuxedo jacket, drives up to the Prince’s Palace in a sexy Aston Martin. As the last of the September sun sets over the horizon, the award-winning Fukanaga reveals to Monaco Life what it was like to be the only American to direct a film in the iconic British spy series.
“I didn’t find out I was the first American until I looked deeper into the production,” he tells me, “but I think I brought a different sensibility to the franchise. I am from a different generation than the other directors as well, so that changes perspective I guess.”
In fact, he is one of 13 directors behind 25 Bond films, each one helping to shape the character and mythos of agent 007. But Fukanaga surely had the most difficult task of all the directors  – closing an important chapter in the legendary life of James Bond.
“I thought Spectre was going to be Daniel Craig’s last film, but they said this was absolutely going to be his final role as Bond,” says the 44-year-old. “It made it very clear that what I was writing for them would be a final chapter, so I approached it as an end. You can think of Casino Royale as the beginning, followed by a run of five chapters – this being the fifth and final chapter. ‘No Time To Die’ would be the end of the book; you could close it and feel satisfied.”
The film’s premier has been a long-time coming for Cary Joji Fukanaga. After nearly 18 months of pandemic delay, ‘No Time To Die’ had its world release at the Royal Albert Hall in London on Tuesday attended by the British Royal family and much of the film’s cast. Less than 24 hours later, he jetted down to Monaco for the red carpet premier at the Opera Garnier in the original Casino Royale with Prince Albert, Hollywood legend Sharon Stone, and former Bond theme song singer Dame Shirley Bassey.
“It was a major relief to finally show the film,” Fukanaga reveals, “and more than anything, it was a major relief to show it to audiences and not have it end up on streaming.”
Not so lucky were most other highly-anticipated films this year, including Marvel’s Black Widow, The Suicide Squad and The Matrix 4, all of which had simultaneous theatre and stream releases.

Photo of Cary Fukunaga at the Prince’s Palace by Cassandra Tanti, Monaco Life

But Wednesday night’s event in Monaco was much more than a glitzy red carpet film premier and dazzling after party. It was a celebration of Cary Fukanaga himself, a Princess Grace Foundation Award Winner. It was also an opportunity to raise money for the Foundation’s newest award, the Sir Roger Moore Award, to support emerging talent in film making. And Fukanaga knows all too well how such an award can change the life of someone in this industry.
“The original award I got in 2005 was massively important because I was in the last semester of film school, and that’s when people usually have to decide whether to get a job or try to pursue their dreams making movies. The award allowed me to focus on writing the screenplay that ended up becoming (the award-winning film) Sin Nombre. As I didn’t have to work, I was able to focus on my project and continue my art, and because of that I ended up making my movie and I’ve been working ever since as a film maker.”
Fukanaga says that Casino Royale, Daniel Craig’s first film as James Bond, was a “jumping off point” to complete the film series, adding: “I think there are nods to the classic Bond films in there, but there is also a sentimental emotional layer exposed in the character that we haven’t seen before, which I think creates a whole new feeling when you’re watching it. You get all the action, all the thrills, but you also get some emotion, which I think might be unexpected for some viewers.”
According to IndieWire, ‘No Time To Die’ is indeed the most emotional 007 movie ever, while other critics appreciate the scope that Fukanaga has afforded to Craig in his final role as Bond.
The Independent’s Clarisse Loughrey, comments: “No Time to Die is at its very best when it allows the actor room to take his final curtsy with both grace and style, allowing him to leave the franchise with not only a good dollop of dignity, but a reminder that he gave Bond a soul.”
Prince Albert emerges from the Palace gates in his own white suit jacket to greet a smiling Cary Fukanaga. The two drive off in that gorgeous Aston Martin, bound for the Casino de Monte-Carlo and the 007 fans that await them, eager to see for themselves how this James Bond chapter will play out.
 
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Top photo by G. Luci/Prince’s Palace
 
 
 
 
 

Strong business tourism to continue in October

After a hugely successful Monaco Yacht Show, industry professionals will continue to descend on Monaco during the month of October thanks to three major expos and one popular concert at the Grimaldi Forum. 
The first event is the much-anticipated Sportel Monaco, running from 5th to 7th October. Sportel is the world’s leader in the Sports Content Media Rights and Technology Convention marketplace. Each year, key stakeholders from around the world meet up at Sportel events for targeted business meetings, knowledge sharing and decisive deal making.
Next up is the Cybersecurity Assises forum, where cybersecurity experts come together for one-on-one meetings, discussions, live demonstrations of the latest technologies, workshops and round tables on major trends in the sector. This show will run from 13th to 16th October.
To inject a bit of culture into the mix, renowned concert pianist Lang Lang will perform at the Forum on 21stOctober. He will be playing one of the most celebrated piano pieces in the history of classical music, Bach’s Goldberg Variations, consisting of an opening aria followed by 30 variations on it – a masterpiece that dazzles even today, nearly 300 years after it’s creation.
Rounding out the month, from 26th to 28th October, the One-to-One Retail E-Commerce Monaco show is coming to town for three days of conferences, business and networking made for the heavy-hitters in the retail and e-commerce world. Market players and decision-makers are joining together for the event’s 10th anniversary with 130 workshops and five keynote speakers on the roster.
The Grimaldi Forum says all events will be held following the most current health guidelines and with the safety of all participants in mind.
 
 
Photo: Grimaldi Forum Monaco/Olivia Marocco