Marine genetic resources (MGRs), including the fair and equitable sharing of benefits Marine genetic resources (MGRs), including the fair and equitable sharing of benefits is the first element mentioned in the treaty. Among other things, marine genetic resources can enable production of biochemicals that can be used in
cosmetics,
pharmaceuticals and
food supplements. The
economic value of the resources is for now unclear, but the potential for profits has created an increased interest in the resources exploration and exploitation among stakeholders. If not, it would be likely to impact the ability of the High Seas treaty to address its objective, since fish are a major component of marine biodiversity and play an essential role in the functioning of marine ecosystems, according to some experts. However, the final treaty text states that the provisions about marine genetic resources do not apply to 'fish' and 'fishing' in areas beyond national jurisdiction. The part about fair and equitable sharing of benefits has also been a point of dispute in the negotiations.
Area-based management tools (ABMTs), including marine protected areas (MPAs) Area-based management tools (ABMTs), including marine protected areas (MPAs) are recognized as key tools for conserving and restoring
biodiversity. They can be used to protect, preserve and maintain certain areas beyond national jurisdiction.
Marine protected areas offer a degree of long term conservation, and are already established in some areas. After the treaty text was finalised, it has been reported that the treaty through marine protected areas will protect 30% of the oceans by 2030 - a target adopted at the
UN Biodiversity Conference (COP15) in December 2022 - however this is not the case, according to experts. The treaty can help to implement the 30 by 30 biodiversity target in the oceans, but it will a require a lot of action by states.
Environmental impact assessments (EIAs) Environmental impact assessments have the potential to predict, reduce and prevent human activities affecting marine biodiversity and ecosystems. Under the treaty, participating parties are obliged to conduct environmental impact assessments when a planned activity may have an effect on the marine environment, or when there is insufficient knowledge about its potential effects. In such cases, the party possessing jurisdiction or control over the activity is required to conduct the assessment. The treaty also includes provisions for
Strategic Environmental Assessments (SEAs), which are assessments that are more holistic and focused on long-term environmental protection compared to the more specific focus of environmental impact assessments. Parties under the treaty have to consider conducting a strategic environmental assessment for plans and programmes related to their activities in areas beyond national jurisdiction, but are not obliged to conduct one.
Capacity building and the transfer of marine technology (CB&TMT) Capacity building and the transfer of
marine technology concerns the equitable access to research conducted in
international waters and enabling cooperation and participation in the activities outlined in the agreement. Different types of capacity building and transfer of technology are mentioned in the agreement, such as sharing of information and research results; develop and share manuals, guidelines and standards; collaboration and cooperation in marine science; and develop and strengthen institutional capacity and national regulation or mechanisms. Technology plays an important role in the implementation, making capacity building and technology transfer essential for the enforcement of the treaty. A key focus is to support developing and geographically disadvantaged states in implementing the agreement. Furthermore, a capacity-building and transfer of marine technology committee will be established, in order to monitor and review the undertaken initiatives, under the authority of the Conference of the Parties. == Institutional framework ==