Why in News?
India is drafting a new law to safeguard its interests in international waters under the High Seas Treaty (BBNJ Agreement). A 12-member committee will align the legislation with treaty provisions on marine conservation, resource use, impact assessments, and benefit-sharing.
Description:
- Nature: International legally binding treaty under United Nations Convention on the Law of the Sea (UNCLOS-1982).
- Objective: Conservation & sustainable use of marine biodiversity in areas beyond national jurisdiction (High Seas & International Seabed).
- Entry into Force: 120 days after the 60th ratification.
Key Features:
- Scope: Covers ~2/3rd of the global ocean (high seas).
- Core Principles:
- Precautionary principle.
- Ecosystem-based approach.
- Fair & equitable sharing of benefits.
- Use of traditional knowledge + best available science.
- Mechanisms:
- Area-based management tools (ABMTs) → Marine protected areas in high seas.
- Environmental Impact Assessments (EIA) → For human activities affecting marine ecosystems.
- Benefit Sharing → Equitable sharing of marine genetic resources (MGRs).
- Capacity Building & Marine Technology Transfer → For developing countries.
- Relation with UNCLOS:
- Becomes third implementation agreement under UNCLOS.
- Earlier ones:
- 1994 Agreement (deep seabed mining).
- 1995 UN Fish Stocks Agreement.
Significance:
- First-ever treaty to protect high seas biodiversity.
- Supports SDG-14 (Life Below Water).
- Balances conservation with sustainable use of marine resources.
- Helps address threats: overfishing, deep-sea mining, climate change impacts.
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