On Tuesday, the Council of the International Seabed Authority (ISA) began consideration of draft regulations on exploitation of deep seabed minerals, in an informal format with a view to facilitating a frank discussion and conveying the outcome as a Council President’s summary to the ISA Legal and Technical Commission.
Delegations exchanged general views on the draft regulations and on a briefing note on stakeholders’ submissions on the regulations, with a focus on: the pathway from exploration to exploitation and beyond, and on the payment mechanism.
Discussions focused on:
- the process to discuss and further develop the draft regulations;
- the relevance of the regulations for sustainable development and environmental protection;
- what, how, when and whom the Authority will regulate; and
- an independent financial model.
For more about the day’s events, read the Earth Negotiations Bulletin daily report.
IISD Reporting Services, through its Earth Negotiations Bulletin (ENB) Meeting Coverage, has provided daily web coverage, daily reports, and a summary and analysis report from the 1st Part of the 24th Session of the International Seabed Authority. The summary and analysis is now available in HTML and PDF.
Photos by IISD/ENB | Francis Dejon
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L-R: Chris Brown, ISA Secretariat; Alfonso Ascencio-Herrera, ISA Legal Counsel and Deputy to the Secretary-General; Michael Lodge, ISA Secretary-General; Olav Myklebust, Norway, Council President for the 24th Session; and Gwénaëlle Le Gurun, ISA Secretariat
L-R: South African delegates Thembile Joyini and Philip Riley
Kathy Ann Brown, Jamaica
Fish carvings around the ISA