The world's first international treaty to protect the high seas is scheduled to be adopted Monday at the United Nations, a huge step for the 'historic' environmental accord after more than 15 years of discussions. ManilaBulletin
A surfer holds his board in front of the sea on Castelo beach in Costa da Caparica on May 4, 2023. Patricia DE MELO MOREIRA / AFP
The landmark treaty would establish a legal framework to extend swathes of environmental protections to international waters, which make up more than 60 percent of the world's oceans. But the journey won't be over Monday. After the UN adopts the treaty, it will need to be ratified by at least 60 member states to go into effect.
But with so much of the world's oceans lying outside of individual countries' exclusive economic zones, and thus the jurisdiction of any single state, providing protection for the so-called "high seas" requires international cooperation. The treaty, officially known as the treaty on "Biodiversity Beyond National Jurisdiction" or BBNJ, also introduces requirements to carry out environmental impact studies for proposed activities to be carried out in international waters.
Developing countries, which often don't have the money to finance such expeditions, fought for benefit-sharing rights, hoping to not get left behind by what many see as a huge future market in the commercialization of MGR, especially by pharmaceutical and cosmetic companies searching for "miracle molecules."
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