Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

John Wiley & Sons, Inc. (WLY) Q2 2026 Earnings Call Transcript

December 4, 2025

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025

John Hancock Multimanager 2015 Lifetime Portfolio Q3 2025 Commentary

December 1, 2025

BitMine Immersion: Major Test Passed So Far (NYSE:BMNR)

November 30, 2025

United Natural Foods Q1 Preview: Doesn’t Seem Like An Exciting Opportunity Right Now

November 28, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » Dozens of nations to sign U.N. ocean treaty but implementation still awaits
Commodities

Dozens of nations to sign U.N. ocean treaty but implementation still awaits

Press RoomBy Press RoomSeptember 20, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

By Daina Beth Solomon

(Reuters) – A new U.N. treaty to protect the world’s oceans is expected to be signed by dozens of countries on Wednesday, another step in the efforts to reverse the damage done to fragile marine environments by overfishing and other human activities.

The global pact to conserve biodiversity on the high seas was finally agreed in March and formally adopted by the United Nations in June. It is seen as a crucial tool to meet a target agreed last year to protect 30% of the earth’s land and sea by 2030, known as “30 by 30”.

At least 60 countries are expected to sign the agreement at the annual United Nations General Assembly on Wednesday. However, it still needs to be ratified on a national level before it goes into effect.

Mads Christensen, interim executive director of Greenpeace International, described the signings as a “powerful signal” and help maintain momentum to meet the “30 by 30” target.

“But this signing is a purely symbolic moment,” he said. “Now politicians must bring the treaty home and ensure it is ratified in record time.”

The agreement will create ocean sanctuaries where fishing will be prohibited, and also ensure human activity on the high seas is subject to environmental impact assessments.

The International Union for the Conservation of Nature estimates that $500 million in funding will be required to kickstart the treaty, and a special implementation and capacity-building fund could require another $100 million per year.

Threats to the ocean environment have been mounting in recent years as a result of overfishing as well as rising temperatures, and new threats could also emerge from ocean-bed mining and the use of geoengineering technologies to boost the ocean’s capacity to absorb carbon dioxide.

Environmental groups say the treaty must be brought fully into effect by 2025 at the latest to ensure the “30-by-30” protection target is reached.

“The ocean can’t wait, and with the treaty being in the making for the better part of the past 20 years, there is absolutely no time to waste,” said Jessica Battle, an ocean expert with the Worldwide Fund for Nature.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Russia mulls extra tax for some commodities exports, including metals – sources

Commodities September 21, 2023

Gold prices tumble as Fed talks higher rates

Commodities September 21, 2023

Crude oil prices endure downturn amid U.S. interest rate hike anticipation

Commodities September 21, 2023

China approves export licences for chip materials gallium, germanium

Commodities September 21, 2023

European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices

Commodities September 21, 2023

Federal Reserve interest rate signals prompt oil price dip

Commodities September 21, 2023
Add A Comment

Leave A Reply Cancel Reply

Latest News

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025

John Hancock Multimanager 2015 Lifetime Portfolio Q3 2025 Commentary

December 1, 2025

BitMine Immersion: Major Test Passed So Far (NYSE:BMNR)

November 30, 2025

United Natural Foods Q1 Preview: Doesn’t Seem Like An Exciting Opportunity Right Now

November 28, 2025
Trending Now

The housing crisis is pushing Gen Z into crypto and economic nihilism

November 28, 2025

Voya Infrastructure, Industrials And Materials Fund Q3 2025 Commentary

November 27, 2025

Banco BBVA Argentina S.A. (BBAR) Q3 2025 Earnings Call Transcript

November 26, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.