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Ready to Regulate? The International Seabed Authority on the Brink of Commercial Mining

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Type: Working Paper
Author: Bosco, David; Jaeckel, Aline; Singh, Pradeep
Date: 2023
Agency: Ostrom Workshop, Indiana University
URI: https://hdl.handle.net/10535/10897
Sector: Global Commons
Subject(s): seabed mining
Abstract: 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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