News

4 Aug 2022

Source: Green Rocks

Author: Ian Morse

Mariama Williams grew up among Jamaica’s sugarcane plantations, not too far from what would become the ISA headquarters. For the last two decades, she has been teaching and advising governments on feminist economics. She has authored or edited four volumes on finance with a lens on gender. Her latest explores gender in climate finance, setting her up to be a lead author on the Intergovernmental Panel on Climate Change’s latest chapter about investment and finance. One of its main findings is that global capital isn’t flowing where climate action needs it.

4 Aug 2022

Source: Greenpeace

Author: Kayla Hemana

It baffles me to think that some rich fella across the world somewhere is planning to mine the ocean floor. Has humanity not learnt enough about our impact on the world already? It’s frightening when you think about the prospect of corporates mining the deep sea, potentially destroying any chance of its recovery, for profit. 

4 Aug 2022

Source: Pacific Island Times

Authour: Louella Losinio

The call for a moratorium on deep-sea mining is gaining traction as more countries and jurisdictions throw in their support for the movement.

While the wave of support shows promise, the tide has not yet completely turned. Not until the International Seabed Authority (ISA) considers the call to action as it goes through the second round of its 27th session in Jamaica starting in early July until this month.

3 Aug 2022

Source: The Conversation

Authours: Nick Bainton and Emilka Skrzypek

Plundering the Pacific for its rich natural resources has a long pedigree. Think of the European companies strip-mining Nauru for its phosphate and leaving behind a moonscape.

There are worrying signs history may be about to repeat, as global demand soars for minerals critical to the clean energy transition. This demand is creating pressure to extract more minerals from the sensitive lands and seabeds across the Pacific. Pacific leaders may be attracted by the prospect of royalties and economic development – but there will be a price to pay in environmental damage.

1 Aug 2022

Source: Eco-Business

Author: Elizabeth Claire Alberts, Mongabay

Delegates of the International Seabed Authority are currently meeting in Kingston, Jamaica, to negotiate a set of rules that would pave the way for a controversial activity: mining the seabed for coveted minerals like manganese, nickel, copper, cobalt and zinc.

But scientists and conservationists say there are considerable transparency issues at the meetings that are restricting access to key information and hampering interactions between member states and civil society.