as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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please provide a factual statement regarding the oceans that covers 20% of earth's surface
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the oceans cover approximately 71% of the earth's surface and contain 97% of its water. they also contain more than 99% of the earth's living space, making the ocean the most diverse environment on the planet. approximately half of all species on earth exist in the ocean. additionally, the ocean plays a key role in regulating the earth's climate by absorbing and redistributing solar energy, and by storing and exchanging carbon between the atmosphere, land and ocean.
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