We appreciate the recent Greenpeace report, ‘In Deep Water: The emerging threat of deep sea mining,’ issued July 3, 2019, as a well-intentioned effort to protect the deep sea. We agree with its recommendations to (1) establish a comprehensive network of marine reserves covering at least 30% of the ocean by 2030; and (2) establish a strong Global Ocean Treaty in 2020 that promotes sanctuaries across the global ocean, protects marine life from multiple extraction activities and delivers rules and high standards for potentially damaging industries.
The report regrettably contains several factual mistakes, material misrepresentations and partial truths.
Understanding, Protecting and Utilizing Deep Sea Resources: The Special Case of Polymetallic Nodules
When it comes to natural resource extraction, typically you have one state agency writing the rules, often with few stakeholders at the table. That’s why the regulatory regime being developed by the 168 member states of the UN International Seabed Authority (ISA) is so unique. Not only do we have countries from around the world collaborating to develop an operational code with the goal of minimizing impact before any activity takes place, we have an unprecedented opportunity to protect biologically important areas of the Clarion Clipperton Zone.
DeepGreen Chairman and CEO Gerard Barron recently presented at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference in Barcelona. Click below to download his presentation.
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