Check out the top stories from the deep, taken from coverage between 9 January – 16 January 2023
The Deep Sea Conservation Coalition (DSCC) challenges governments to protect the ocean from top to bottom in the wake of the new COP15 Biodiversity Framework, by calling for a stop to deep-sea mining and a ban on bottom trawling on global seamounts.
Source: The Cooperative Bank
The Cooperative Bank has become the 7th international bank to single out deep-sea mining in its exclusion list, on the grounds that it would “contribute to global climate change” and “the destruction of ecosystems”.
Author: Robin Hicks
Credit Suisse has committed to rule out financing deep-sea mining.
The French multinational bank published new lending guidelines for sectors with high environmental, social and governance (ESG) risk on Wednesday, and declared that it would not provide any financing for the exploration or extraction of seabed minerals.
Author: Pacific Parliamentarians Alliance on Deep Sea Mining (PPADSM)
The Pacific Parliamentarians Alliance on Deep Sea Mining (PPADSM) acknowledged announcements from the Fiji Government and two philanthropic organisations in support of various efforts to ensure that the Pacific Ocean is safeguarded from deep seabed mining (DSM), which poses significant threats to marine ecosystems and biodiversity, and serves no benefit to Pacific peoples.
Source: Mining Watch Canada
As the International Seabed Authority meets in Jamaica, a petition asking for a global moratorium on deep seabed mining, signed by more than 4000 Canadians, goes to the government for a response.
Author: Brett Wilkins
“Mining the deep sea is as destructive as strip mining the mountains of Appalachia, extinguishing whole ecosystems with a single blow.”
Source: Eco 2022
We were shocked by COP-14 ‘welcoming progress’ by the ISA to develop mining regulations. COP-15 must correct course sending a clear message that driving large-scale biodiversity loss in this planetary frontier is unacceptable.
Source: ABC Pacific Beat
Author: Mackenzie Smith
Nauru Ocean Resources, a seabed minerals company, has been accused of rushing a landmark mining test in the Pacific.
In the run up to the upcoming UN Biodiversity Conference (COP-15), from the 14- 29th March, the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 24) will meet at the Centre International de Conférences Genève to advance the development of a framework to protect nature.
Ahead of SBSTTA 24, the DSCC have joined French environmental groups in calling on French Minister, Barbara Pompili, Minister of the Ecological Transition, to safeguard the health of the ocean by supporting calls for a moratorium on deep-sea mining.
Read the letter sent by Bloom, the DSCC, France Nature Environment and Greenpeace in full here.