Coral reefs cover less than 0.2% of the ocean floor, yet they support more than a quarter of marine species, and close to one billion people depend on them for food, income or coastal protection. Reefs reduce up to 97% of wave energy, shield an estimated 5.3 million people and US$109 billion in assets from storms each year, and are linked to about US$36 billion a year in tourism. They are built by corals that live in partnership with microscopic algae. When the water stays too warm for too long, corals expel these algae and turn white, which is called bleaching. Bleached corals can recover if temperatures fall in time, but long or repeated heat stress kills them. Climate change is the main threat to reef-building corals, with pollution, runoff from farms, disease and unsustainable fishing adding to the pressure.
Heat stress has become more widespread with each global bleaching event: it reached 21% of the world's reefs in 1998 and 84% in the event that ran from early 2023 to mid-2025. The Global Coral Reef Monitoring Network found that average hard coral cover fell from 30.2% in 1980–2009 to 27.3% in 2020–2024, with sharp drops after each global event and only partial recovery in between, while seaweed-like macroalgae increased. Losses are uneven: the Caribbean and the ROPME Sea Area around the Gulf lost more than 40% of their coral cover relative to the reference period, while the Western Indian Ocean gained. In Florida, a record marine heatwave in 2023 killed almost all remaining elkhorn and staghorn corals in the Florida Keys. The International Union for Conservation of Nature (IUCN) now classes 44% of reef-building coral species as threatened with extinction, up from a third in 2008.