Explanation:

Statement 2nd is incorrect: ICRI is not an independent organization but rather a global partnership and collaboration among various countries and international environmental bodies to address coral reef conservation.

• The International Coral Reef Initiative (ICRI) announced that its members would contribute $12 billion to safeguard coral reefs from dangers like pollution and overfishing.

• ICRI consists of 101 countries, including 45 countries custodians of 75% of the world’s coral reefs.

• Originally launched in 1994 by countries including Australia, France, Japan, Jamaica, the Philippines, Sweden, Britain, and the United States, ICRI has expanded its membership to 45 countries, which represent three-quarters of the world’s coral reefs.

• It plans to secure both public and private investment to aid in the conservation and restoration of coral ecosystems. These ecosystems are vital, supporting a quarter of all marine species and over a billion people globally.

• Coral reef, an underwater ecosystem comprising of colonies of corals, held together by a building of calcium carbonate. These reefs are considered extremely important for healthy marine ecology. One of the rarest and exquisite ecosystems on Earth, it is a source of food and shelter for about 25% of all marine species.

Hence only statement 1st is correct.