Dubai Telegraph - High seas treaty talks fail to reach a deal

EUR -
AED 4.194308
AFN 72.52041
ALL 93.251191
AMD 420.526993
ANG 2.044792
AOA 1047.866508
ARS 1640.876124
AUD 1.632903
AWG 2.055753
AZN 1.940568
BAM 1.924616
BBD 2.301411
BDT 140.268483
BGN 1.931129
BHD 0.430685
BIF 3415.976235
BMD 1.142085
BND 1.463881
BOB 7.924599
BRL 5.814127
BSD 1.142685
BTN 107.996157
BWP 15.31092
BYN 3.163542
BYR 22384.866
BZD 2.298163
CAD 1.616804
CDF 2649.637338
CHF 0.923553
CLF 0.025703
CLP 1011.613063
CNY 7.717583
CNH 7.762335
COP 3923.061975
CRC 520.466966
CUC 1.142085
CUP 30.265253
CVE 108.897894
CZK 23.757709
DJF 202.971194
DKK 7.350619
DOP 66.926117
DZD 151.759082
EGP 56.999403
ERN 17.131275
ETB 180.877736
FJD 2.551076
FKP 0.852527
GBP 0.866828
GEL 3.020814
GGP 0.852527
GHS 12.902933
GIP 0.852527
GMD 83.371845
GNF 10024.649964
GTQ 8.70995
GYD 239.027087
HKD 8.951674
HNL 30.490468
HRK 7.533873
HTG 149.23202
HUF 343.367446
IDR 20270.409831
ILS 3.373828
IMP 0.852527
INR 107.709463
IQD 1496.13135
IRR 1570366.874934
ISK 141.995464
JEP 0.852527
JMD 180.721797
JOD 0.80976
JPY 183.033967
KES 147.923053
KGS 99.875061
KHR 4582.608142
KMF 485.38591
KPW 1027.8769
KRW 1726.678335
KWD 0.351874
KYD 0.952271
KZT 557.24616
LAK 25160.132326
LBP 102273.711812
LKR 382.810738
LRD 208.030589
LSL 18.495904
LTL 3.37228
LVL 0.690836
LYD 7.280814
MAD 10.558596
MDL 19.939917
MGA 4796.756942
MKD 60.629453
MMK 2398.316589
MNT 4087.958667
MOP 9.219419
MRU 45.774818
MUR 53.826741
MVR 17.656913
MWK 1982.659854
MXN 19.87116
MYR 4.642352
MZN 72.981636
NAD 18.503966
NGN 1552.230167
NIO 41.811846
NOK 11.158684
NPR 172.792757
NZD 1.994455
OMR 0.43913
PAB 1.142685
PEN 3.897377
PGK 5.011184
PHP 68.951108
PKR 317.840185
PLN 4.165949
PYG 6973.017439
QAR 4.157763
RON 5.147419
RSD 115.431735
RUB 83.339709
RWF 1699.42248
SAR 4.284982
SBD 9.206832
SCR 16.12067
SDG 685.82127
SEK 10.995541
SGD 1.464187
SHP 0.852682
SLE 28.266937
SLL 23948.955593
SOS 652.710174
SRD 42.636347
STD 23638.85364
STN 24.440619
SVC 9.99809
SYP 126.237051
SZL 18.498214
THB 37.157165
TJS 10.59257
TMT 4.008718
TND 3.325466
TOP 2.749867
TRY 53.042608
TTD 7.76223
TWD 36.042492
TZS 2997.976517
UAH 51.17556
UGX 4227.502529
USD 1.142085
UYU 46.13292
UZS 13710.730262
VES 680.724228
VND 30066.52971
VUV 135.895439
WST 3.129029
XAF 645.498109
XAG 0.017975
XAU 0.000276
XCD 3.086542
XCG 2.059414
XDR 0.803682
XOF 645.27823
XPF 119.331742
YER 272.530062
ZAR 18.866359
ZMK 10280.138245
ZMW 20.196756
ZWL 367.750904
  • CMSC

    0.0500

    22.37

    +0.22%

  • NGG

    -1.2400

    79.44

    -1.56%

  • RELX

    -0.8300

    31.18

    -2.66%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • AZN

    -2.9600

    174.93

    -1.69%

  • GSK

    -1.4800

    50.67

    -2.92%

  • BP

    -1.0400

    39.1

    -2.66%

  • RIO

    -2.5900

    100.08

    -2.59%

  • CMSD

    0.0000

    22.29

    0%

  • VOD

    -0.2300

    14.3

    -1.61%

  • BCC

    3.8500

    74.66

    +5.16%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • JRI

    0.0500

    12.67

    +0.39%

  • BTI

    -0.5800

    58.91

    -0.98%

  • BCE

    0.0000

    23.28

    0%

High seas treaty talks fail to reach a deal
High seas treaty talks fail to reach a deal

High seas treaty talks fail to reach a deal

The clock ran out Friday at UN talks to forge a legally binding treaty to protect open oceans beyond national jurisdictions, with no schedule set for prolonging the discussions.

Text size:

This fourth round of negotiations since 2018 -- preceded by a decade of preliminary talks -- was meant to create vast marine reserves to prevent biodiversity loss, oversee industrial-scale fisheries and share out the "genetic resources" of the sea.

"We have not come to the end of our work," said conference president Rena Lee, a diplomate from Singapore, noting that the Covid pandemic had caused major delays.

"I believe that with continued commitment, determination and dedication, we will be able to build bridges and close the remaining gaps," she said at the end of Friday's session.

It now rests with the United Nations General Assembly to give the green light for another round of talks.

"All efforts must be devoted in the coming months to secure this long-awaited treaty in 2022," said Peggy Kalas, president of the High Seas Alliance, a coalition of more than forty major NGOs and the International Union for the Conservation of Nature (IUCN).

A so-called High Ambition Coalition of European Union nations and 13 other countries, including India, Australia, Canada and Britain, have endorsed the same goal.

Some nations and many environmental groups have called for at least 30 percent of the world's oceans to be granted protected status, a target also to be on the table at UN biodiversity talks later this year.

Currently less that one percent of open ocean enjoys that status, according to the High Seas Alliance.

Oceans produce half the oxygen we breathe, regulate the weather and provide humanity's single largest source of protein.

But they are being pushed to the brink by human activities.

- Marine genetic resources -

Carbon dioxide emissions and global warming drive devastating marine heatwaves and acidification.

The UN's climate science advisory body has projected that more than 99 percent of shallow water corals will die if average global temperatures rise more than degrees above preindustrial levels.

"The oceans as a whole are becoming warmer, the salinity levels are increasing. There's less oxygen for marine life," said Liz Karan, an expert with The Pew Charitable Trusts.

Humans have also fished some marine species to the edge of extinction, and used the world's waters as a garbage dump.

Today, a patchwork of agreements and regulatory bodies govern shipping, fishing, and mineral extraction, while the UN Convention on the Law of the Sea, negotiated in the 1970s, lays out rules for how far a nation's zone of influence extends beyond its shores.

But despite two decades of consultations, there is still no treaty protecting international waters beyond national jurisdiction, accounting for about two-thirds of the world's oceans.

Another contentious question is who gets a share of the benefits from the exploitation of what are known as "marine genetic resources".

Poorer countries fear they will be sidelined as wealthier nations scour the seas for the next wonder ingredients for the pharmaceutical, chemical or cosmetic industries, and lock up the spoils in trademarks and patents.

Will McCallum, head of oceans for Greenpeace UK, said wrapping up a deal by the end of this was crucial.

"We're not disappointed to have a 5th session," he told AFP. "But if a deal is not concluded in 2022 the chances of having a solid treaty are practically zero."

"Ministers and heads of state need to step up ahead of the next round of negotiations to ensure we land the strong treaty," he added.

The treaty covers the so-called high seas, which begin beyond national exclusive economic zones that extend 200 nautical miles (370 kilometres) from their shores.

T.Prasad--DT