The article discusses a strong international backlash against a mining company's attempt to obtain U.S. permits for seabed mining in the Pacific Ocean without broader consent. Nearly 40 nations, including major powers like China and India, have united against the move, emphasizing the risk to international law and multilateral governance principles. The proposal by The Metals Company, disclosed this week, threatens the fair distribution of seabed resources needed for sustainable industries like electric vehicle battery production. The International Seabed Authority asserts its exclusive right to regulate mining activities in international waters, stressing the need for collective authority in resource management.
Nearly 40 nations have opposed The Metals Company's plan to circumvent international law for seabed mining in the Pacific, reflecting a rare global consensus.
Diplomats argue that the proposal threatens a global effort to equitably share wealth from seabed metals, crucial for future industries and sustainability.
Leticia Carvalho emphasized that any unilateral action would undermine principles of multilateralism and the shared governance framework established by international treaty.
The International Seabed Authority holds the exclusive mandate to regulate mineral resource exploration and exploitation in international waters, reinforcing the need for collaborative governance.
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