Right this moment, President Biden transmitted the Settlement on the Conservation and Sustainable Use of Marine Organic Range of Areas Past Nationwide Jurisdiction, also called the Excessive Seas Treaty or BBNJ Settlement, to the Senate for its recommendation and consent to ratification.
The excessive seas account for nearly two-thirds of the world ocean. This Treaty protects excessive seas freedoms and promotes excessive seas scientific analysis and innovation, whereas establishing mechanisms for safeguarding excessive seas ecosystems. It additionally creates guidelines of the street which is able to incentivize firms to spend money on analysis and improvement utilizing excessive seas marine genetic assets.
The Excessive Seas Treaty is the end result of years of multilateral diplomacy to present a long-awaited framework for worldwide cooperation to preserve and sustainably use excessive seas marine biodiversity.
For extra data, please go to the web site of the Division of State’s Bureau of Oceans and Worldwide Environmental and Scientific Affairs. For press inquiries, please contact OES-Press@state.gov.
