Summary
On Wednesday, the Council of the International Seabed Authority (ISA) continued consideration of the draft regulations on the exploitation of deep-seabed minerals in an informal format with a view to conveying the outcome as a Council President’s summary to the ISA Legal and Technical Commission.
On the basis of a briefing note on stakeholders’ submissions on the regulations, delegations exchanged views on: a payment mechanism; the role of sponsoring states; and the role and legal status of standards, recommendations and guidelines.
Discussions focused on:
- the scope and approach of the independent financial model;
- options for a revenue- or profit-based payment scheme; and
- the responsibility of sponsoring states, the ISA and contractors, including questions of liability.
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: Olav Myklebust, Norway, Council President for the 24th Session; Gwénaëlle Le Gurun, ISA Secretariat; and Richard Roth, Massachusets Institute of Technology (MIT)
L-R: Chris Brown, ISA Secretariat; Alfonso Ascencio-Herrera, ISA Legal Counsel and Deputy to the Secretary-General; and Michael Lodge, ISA Secretary-General
Olav Myklebust, Norway, Council President for the 24th Session
Richard Roth, MIT
Tano Koffi Bertin, Côte d'Ivoire
Jung-Eun Kim, Republic of Korea
Tommo Monthe, Cameroon
Vijay Kumar, India
Karen Tan, Singapore
Li Lin Lin, China
Arne Küper, Germany
Kathy Ann Brown, Jamaica
Ariel Fernández, Argentina
Piotr Nowak, Poland
Tevita Suka Mangisi, Tonga
Wini Broadbelt, the Netherlands
Gaia Puleston, Australia
Matt Gianni, Deep Sea Conservation Coalition
Gavin Watson, UK
Humayun Kabir, Bangladesh
Ju Lei, China
Young Lee, Republic of Korea
Kjell Kristian Egge, Norway
Rose Kautoke, Tonga
Eduardo Bonilla, Chile
L-R: Kathy Ann Brown, Jamaica, in a discussion with Carlos Alberto Michaelsen den Hartog, Brazil
L-R: Didier Ortolland, France, in conversation with Guy Sevrin, Belgium
L-R: Qinghu Feng, China, with Kenneth Wong, Canada
Lowri Mai Griffiths, UK, in a conversation with Kjell Kristian Egge, Norway, and Zentaro Naganuma, Japan
Mohamed Atlassi, Morocco, reading the ENB
L-R: Nicole Lyas, Australia; José Palencia Osorio, Colombia; and Gaia Puleston, Australia
Bird's eye view of the ISA 24th Council