For the last two weeks, 168 members of the community including the EU came together in New York to pass a new agreement. The talks focused on four main areas:
- Establishing marine protected areas
- Improving environmental impact assessments
- Providing finance and capacity building to developing countries
- Sharing of marine genetic resources - biological material from plants and animals in the ocean that can have benefits for society, such as pharmaceuticals, industrial processes and food
This was the fifth attempt to set a new agreement and it has failed.
As per environment campaigners this was a ‘missed opportunity’ and the International Union for the Conservation of Nature (IUCN) issued a statement to the BBC stressing the importance of healthy sea life and how they impact coastal communities, affect biodiversity and the planet in general.