Tiny Pacific island nation seeks ocean sponsors in novel conservation plan

Niue hopes to raise $18m by selling units of its ocean territory to sponsors as the region struggles to mitigate impacts of climate changeThe tiny Pacific island nation of Niue has come up with a novel plan to protect its vast and pristine territorial waters: it will get sponsors to pay.Under the plan, which was launched by Niue’s premier, Dalton Tagelagi, on Tuesday in New York, individuals or companies can pay $148 to protect 1 square kilometre of ocean from threats such as illegal fishi