The University of Haifa announced on Monday that it has received a 50 million shekel ($16 million) donation from the Kadas Family Charitable Fund to support the creation of an International Faculty Initiative of Global Climate Change, with an initial emphasis on marine and coastal ecology research.
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The donation is the largest one-time endowment in the university's history.
The funds are slated to be used to create a virtual community of scholars, spanning universities and research centers across the globe. This project will begin with an initial focus on waterways in general and on the Mediterranean in particular.
"The Eastern Mediterranean Sea hosts more than 17,000 marine species and contributes an estimated 7% to the world's marine biodiversity," Professor Dan Tchernov, scientific director of the University's Mediterranean Sea Research Center of Israel, said. "Today, this rich ecosystem has come under threat from climate change, pollution, over-fishing and coastal infrastructure projects."
The Mediterranean Basin is a microcosm of the environmental and sustainability challenges facing people across the world. Ultimately, it is hoped that the Kadas Family Charitable Fund donation will play a transformative role in ensuring a sustainable future for humanity.