Precautionary Management of Deep Sea Minerals
This is a background paper to the Pacific Possible report. Technological progress has given rise to increased interest in deep sea minerals. This report takes stock of existing policy, legal and fiscal arrangements supporting DSM decision making an...
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/349631503675168052/Precautionary-management-of-deep-sea-minerals http://hdl.handle.net/10986/28298 |
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okr-10986-282982021-05-25T09:03:34Z Precautionary Management of Deep Sea Minerals World Bank DEEP SEA MINING MARITIME ZONES ENVIRONMENTAL IMPACT RISKS STAKEHOLDER ENGAGEMENT This is a background paper to the Pacific Possible report. Technological progress has given rise to increased interest in deep sea minerals. This report takes stock of existing policy, legal and fiscal arrangements supporting DSM decision making and the regulatory and institutional capacities necessary to assure positive outcomes. As such, the report summarizes the knowns and unknowns characterizing the current state of DSM, frames the need to apply the precautionary approach given information uncertainty, and identifies professional and institutional capacity building needs. Given the significant uncertainties and weak institutional capacity in the countries of the Region, the report recommends the precautionary approach to DSM, which among others includes the option of no development if the risks are found to be larger than the benefits. It also recommends that regional regulatory collaboration takes place in a way that is respectful of sovereignty considerations. 2017-09-11T20:45:21Z 2017-09-11T20:45:21Z 2017-06-30 Report http://documents.worldbank.org/curated/en/349631503675168052/Precautionary-management-of-deep-sea-minerals http://hdl.handle.net/10986/28298 English en_US Pacific Possible Background Paper;No. 2 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Mining, Oil, and Gas Economic & Sector Work East Asia and Pacific Oceania |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
DEEP SEA MINING MARITIME ZONES ENVIRONMENTAL IMPACT RISKS STAKEHOLDER ENGAGEMENT |
| spellingShingle |
DEEP SEA MINING MARITIME ZONES ENVIRONMENTAL IMPACT RISKS STAKEHOLDER ENGAGEMENT World Bank Precautionary Management of Deep Sea Minerals |
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East Asia and Pacific Oceania |
| relation |
Pacific Possible Background Paper;No. 2 |
| description |
This is a background paper to the
Pacific Possible report. Technological progress has given
rise to increased interest in deep sea minerals. This report
takes stock of existing policy, legal and fiscal
arrangements supporting DSM decision making and the
regulatory and institutional capacities necessary to assure
positive outcomes. As such, the report summarizes the knowns
and unknowns characterizing the current state of DSM, frames
the need to apply the precautionary approach given
information uncertainty, and identifies professional and
institutional capacity building needs. Given the significant
uncertainties and weak institutional capacity in the
countries of the Region, the report recommends the
precautionary approach to DSM, which among others includes
the option of no development if the risks are found to be
larger than the benefits. It also recommends that regional
regulatory collaboration takes place in a way that is
respectful of sovereignty considerations. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Precautionary Management of Deep Sea Minerals |
| title_short |
Precautionary Management of Deep Sea Minerals |
| title_full |
Precautionary Management of Deep Sea Minerals |
| title_fullStr |
Precautionary Management of Deep Sea Minerals |
| title_full_unstemmed |
Precautionary Management of Deep Sea Minerals |
| title_sort |
precautionary management of deep sea minerals |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/349631503675168052/Precautionary-management-of-deep-sea-minerals http://hdl.handle.net/10986/28298 |
| _version_ |
1764466631928446976 |