The session coincided with the 30th commemoration of ISA’s establishment under the United Nations Convention on the Law of the Sea (UNCLOS) and its 1994 Part XI Implementing Agreement.
Key decisions at 30th session
- Progress on development of Common Heritage Fund, a financial toolbox support sustainability, capacity-building & equitable benefit-sharing.
- Operationalization of Economic Planning Commission to assess economic impacts of seabed mining and recommend mitigation measures.
- Adopted November 1 as the International Deep Seabed Day.
About International Seabed Authority (ISA)
- ISA manages the mineral resources of the seabed beyond national jurisdiction, which covers 54% of the world’s oceans.
- It is the world’s only international body that focuses on deep-sea area beyond national borders.
- ISA aims to ensure that all economic activities in the deep seabed, including mining, are regulated and responsibly managed.
- Headquarters: Kingston, Jamaica.
- Membership: 170 (169 States + EU); all UNCLOS parties are members.
Some recent initiatives of ISA
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