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In 2013, the ISA approved amendments to its mining code on deep sea exploration, stating a prospector should take a precautionary approach to avoid polluting the ocean and should immediately inform the Secretary-General of any prospect-related incidents that threaten the marine environment.
On 25 June 2021, the president of Nauru, Lionel Aingimea, made a formal request to the president of the International Seabed Authority's (ISA) council to complete the adoption of rules, regulations and procedures necessary to facilitate the approval of plans of work for exploitation of deep-sea resources in the Area. [1]
Meeting in Kingston, Jamaica, until July 26, the 36-member ISA council will negotiate the latest draft of a long-awaited "mining code", designed to regulate the exploration and extraction of ...
The ISA has issued 19 licences for mining exploration within this area. [14] Exploratory full-scale extraction operations were set to begin in late 2021. [2] ISA aimed to publish the deep sea mining code in July 2023. Commercial license applications were to be accepted for review thereafter. [15]
More than two dozen countries have called for a ban, pause or moratorium on deep sea mining — including most recently Peru and Greece — as the U.N. International Seabed Authority resumed talks ...
The International Seabed Authority (ISA) plays a central role in developing the legal framework for EIAs in deep-sea mining, viewing EIA as essential for minimizing environmental impacts. [12] The ISA aims to fulfill obligations such as implementing a precautionary approach and ensuring effective protection of the marine environment, as ...
The ISA (2022) [170] forecasts that, by 2035, deep-sea mining could yield up to 36 million tons of nodules annually, meeting a significant portion of global manganese, nickel, and cobalt demand. However, market volatility and advances in recycling could alter the feasibility of these operations.
[4] [5] Lodge had been criticized for pushing for industrial deep sea mining to begin before formal regulations were in place. [ 6 ] [ 7 ] [ 8 ] Lodge held appointments as an associate fellow of Chatham House in London (2007), a visiting fellow of Somerville College, Oxford (2012−2013), and a member of the World Economic Forum global agenda ...