The World Ocean Council (WOC) is seeking input on seabed mining regulations issued by the UN International Seabed Authority (ISA) in order to involve the private sector in decisions made about seabed mining.
WOC's 'Report on the draft framework for the regulation of deep seabed exploitation activities' invites an open and inclusive dialogue with stakeholders to develop the regulatory framework. The paper is open for comment until 15 May.
By working with stakeholders in the initial stages, the WOC intends to gather sufficient input on the ocean industry regarding various key international developments.
Crucial insight may include issues on policies, regulations, planning and priorities for deep sea mineral resources development and the environmental management of ocean areas that are beyond national jurisdiction.
By engaging with a multi-disciplinary audience of experts, the ISA aims to obtain scientific evidence and viewpoints for the key document to improve the development of the new rules on seabed minerals exploitation.
The WOC, a registered organisation in the US and UK / Europe, is the global, cross-sectoral alliance for private sector leadership.
Members of the WOC include more than 70 leadership organisations from a range of ocean industries such as oil and gas, shipping, seafood, fisheries, aquaculture, mining, renewable energy and ocean technology.