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PDF
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Type:
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Working Paper |
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Author:
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Bosco, David; Jaeckel, Aline; Singh, Pradeep |
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Date:
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2023 |
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Agency:
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Ostrom Workshop, Indiana University |
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Series:
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URI:
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https://hdl.handle.net/10535/10897
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Sector:
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Global Commons |
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Region:
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Subject(s):
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seabed mining
regulation
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Abstract:
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The International Seabed Authority (ISA) is a unique international organization mandated to
regulate mining in seabed areas beyond the limits of national jurisdiction (‘the Area’), protecting
the marine environment from its harmful effects and sharing mining proceeds for the benefit of
all of humankind. The ISA was created by the United Nations Convention on the Law of the Sea
1982 and became operational in 1994. Since the early 2000s, the ISA has issued contracts for
mineral exploration in the Area. As industry gears up for the beginning of commercial seabed
mining, this complex multilateral organization faces a critical question: is it ready to regulate?
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