Berliner Boersenzeitung - What is the high seas treaty?

EUR -
AED 4.278489
AFN 76.301366
ALL 96.530556
AMD 444.389335
ANG 2.085119
AOA 1068.154458
ARS 1670.316609
AUD 1.75427
AWG 2.096704
AZN 1.984845
BAM 1.955415
BBD 2.345238
BDT 142.439297
BGN 1.957372
BHD 0.439074
BIF 3456.06653
BMD 1.164835
BND 1.508396
BOB 8.046379
BRL 6.313529
BSD 1.16437
BTN 104.690912
BWP 15.469884
BYN 3.34764
BYR 22830.773166
BZD 2.341828
CAD 1.611422
CDF 2599.912958
CHF 0.937162
CLF 0.02734
CLP 1072.545921
CNY 8.235507
CNH 8.234944
COP 4446.759008
CRC 568.78787
CUC 1.164835
CUP 30.868137
CVE 110.780379
CZK 24.198994
DJF 207.014999
DKK 7.469472
DOP 74.84113
DZD 151.385181
EGP 55.40272
ERN 17.47253
ETB 180.60972
FJD 2.630723
FKP 0.8723
GBP 0.873382
GEL 3.149553
GGP 0.8723
GHS 13.337819
GIP 0.8723
GMD 85.033396
GNF 10119.511721
GTQ 8.919242
GYD 243.610929
HKD 9.068302
HNL 30.667954
HRK 7.538703
HTG 152.42995
HUF 382.163892
IDR 19442.733022
ILS 3.76907
IMP 0.8723
INR 104.795933
IQD 1525.399284
IRR 49054.133779
ISK 149.006189
JEP 0.8723
JMD 186.373259
JOD 0.825914
JPY 180.836077
KES 150.617641
KGS 101.8653
KHR 4665.166047
KMF 491.560932
KPW 1048.343898
KRW 1715.709753
KWD 0.357232
KYD 0.970405
KZT 588.861385
LAK 25249.913875
LBP 104272.296288
LKR 359.159196
LRD 204.939598
LSL 19.73441
LTL 3.439456
LVL 0.704598
LYD 6.329752
MAD 10.752872
MDL 19.812009
MGA 5193.953775
MKD 61.627851
MMK 2446.083892
MNT 4131.091086
MOP 9.337359
MRU 46.433846
MUR 53.664406
MVR 17.950554
MWK 2019.093291
MXN 21.176696
MYR 4.788683
MZN 74.437324
NAD 19.73441
NGN 1689.139851
NIO 42.851552
NOK 11.767103
NPR 167.505978
NZD 2.016522
OMR 0.447885
PAB 1.164465
PEN 3.914028
PGK 4.940241
PHP 68.699705
PKR 326.441746
PLN 4.232667
PYG 8008.421228
QAR 4.244263
RON 5.093014
RSD 117.420109
RUB 89.113003
RWF 1694.158743
SAR 4.371861
SBD 9.5794
SCR 15.722146
SDG 700.652754
SEK 10.953705
SGD 1.509027
SHP 0.873928
SLE 26.791608
SLL 24426.013032
SOS 664.266196
SRD 44.99647
STD 24109.740275
STN 24.495171
SVC 10.187374
SYP 12881.033885
SZL 19.719113
THB 37.125677
TJS 10.683448
TMT 4.076924
TND 3.415727
TOP 2.804644
TRY 49.510866
TTD 7.893444
TWD 36.432793
TZS 2836.374505
UAH 48.875802
UGX 4119.187948
USD 1.164835
UYU 45.541022
UZS 13930.253805
VES 289.561652
VND 30705.060237
VUV 142.19158
WST 3.250066
XAF 655.824896
XAG 0.019865
XAU 0.000276
XCD 3.148026
XCG 2.098577
XDR 0.815408
XOF 655.723589
XPF 119.331742
YER 277.700931
ZAR 19.720255
ZMK 10484.920268
ZMW 26.920577
ZWL 375.076512
  • CMSC

    -0.0800

    23.4

    -0.34%

  • BCC

    -0.5050

    73.755

    -0.68%

  • SCS

    -0.0400

    16.19

    -0.25%

  • BCE

    0.2800

    23.5

    +1.19%

  • GSK

    -0.3250

    48.245

    -0.67%

  • RBGPF

    0.0000

    78.35

    0%

  • RIO

    -0.6400

    73.09

    -0.88%

  • CMSD

    -0.0750

    23.245

    -0.32%

  • NGG

    -0.4300

    75.48

    -0.57%

  • JRI

    0.0050

    13.755

    +0.04%

  • RYCEF

    -0.1400

    14.51

    -0.96%

  • BTI

    -0.8250

    57.215

    -1.44%

  • VOD

    -0.1590

    12.474

    -1.27%

  • RELX

    -0.1200

    40.42

    -0.3%

  • AZN

    0.2200

    90.25

    +0.24%

  • BP

    -1.0750

    36.155

    -2.97%

What is the high seas treaty?
What is the high seas treaty? / Photo: PATRICK HERTZOG - AFP

What is the high seas treaty?

The high seas treaty could be law by the end of the year, affording protection to marine life in the vast swathes of ocean that belong to no one.

Text size:

The treaty was adopted by UN member states in June 2023. It has been ratified by 31 nations plus the European Union, and comes into force 120 days after its 60th ratification.

But at the UN Ocean Conference this week, hosts France said around 50 countries have ratified the pact, bringing it within reach of enactment.

The United States signed the treaty in 2023 under Joe Biden but is not expected to ratify it while Donald Trump is president.

Here are the key points of the treaty text:

- International waters -

The treaty covers international waters, which fall outside the jurisdiction of any single state, and account for more than 60 percent of the world's oceans.

Specifically, it applies to waters beyond countries' exclusive economic zones, which extend up to 200 nautical miles from the coast.

It also covers what is known as "the Area", shorthand for seabed and subsoil beyond the limits of national jurisdiction. The Area comprises just over half of the planet's seabed.

Once enacted, a decision-making body -- a Conference of the Parties (COP) -- would have to work with regional and global organizations that already oversee different aspects of the oceans.

These include regional fisheries bodies and the International Seabed Authority, the arena where nations are hotly contesting a proposed set of rules to govern deep-sea mining.

Trump's decision to sidestep the authority -- to which the US is not a member -- and issue deep-sea mining permits in international waters has raised tricky questions of jurisdiction.

- Marine protected areas -

Currently, almost all protected marine areas (MPAs) are within national territorial waters.

The treaty, however, allows for these reserves to be created in the open ocean.

Most decisions would be taken by a consensus of the COP, but an MPA can be voted into existence with a three-quarters majority, to prevent deadlock caused by a single country.

One crucial shortcoming: the text does not say how these conservation measures will be monitored and enforced over remote swathes of the ocean -- a task that will fall to the COP.

Some experts say satellites could be used to spot infractions.

Individual countries are already responsible for certain activities on the high seas that they have jurisdiction over, such as those of ships flying their flags.

- Sharing the bounty? -

On the high seas, countries and entities under their jurisdiction will be allowed to collect animal, plant, or microbial matter whose genetic material might prove useful, even commercially.

Scientists, for example, have discovered molecules with the potential to treat cancer or other diseases in microbes scooped up in sediment, or produced by sponges or marine mollusks.

Benefits-sharing of those resources has been a key point of contention between wealthy and poorer nations.

The treaty establishes frameworks for the transfer of marine research technologies to developing countries and a strengthening of their research capacities, as well as open access to data.

But it's left to the COP to decide exactly how any monetary benefits will eventually be shared, with options including a system based on specific commercialized products, or more generalized payment systems.

- Environmental impact studies -

The treaty requires signatories to assess the environmental impacts of planned activities under their control on the high seas before they are authorized in instances when such activities may have more than a minor or transitory effect.

It also calls for countries to assess the potential impact on international waters of activities within national jurisdictions that may cause "substantial pollution" or harm the high sea marine environment.

Ultimately, states are responsible for giving the green light to any potentially harmful activity -- a role NGOs hoped would go to the COP, to make controversial approvals more difficult.

The treaty also requires states to publish updates on an activity's environmental impacts. Approvals can be called into question if unanticipated impacts arise.

Though they are not specifically listed in the treaty, activities that could come under regulation include transport and fishing, as well as more controversial subjects such as deep-sea mining or even geo-engineering initiatives to mitigate global warming.

(B.Hartmann--BBZ)