Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Explainer-What is the High Seas Treaty to protect world oceans?
    Headlines

    Explainer-What is the High Seas Treaty to protect world oceans?

    Published by Global Banking & Finance Review®

    Posted on June 9, 2025

    4 min read

    Last updated: January 23, 2026

    Explainer-What is the High Seas Treaty to protect world oceans? - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilityenvironmental issuesinternational organizationsMarine technologyClimate Change

    Quick Summary

    The High Seas Treaty, signed in 2023, seeks to protect international waters by establishing marine protected areas and ensuring sustainable use of resources.

    Explainer-What is the High Seas Treaty to protect world oceans?

    By Virginia Furness

    LONDON (Reuters) - While many countries have agreed to take steps to protect the vast, ungoverned swathes of the world's oceans, they have yet to see their High Seas Treaty go into effect. This week's U.N. Oceans Conference in the French city of Nice hopes to change that.

    WHAT IS THE HIGH SEAS TREATY?

    The treaty, signed in 2023, provides a legal framework for creating marine protected areas on the "high seas", or the ocean areas that lie beyond any national jurisdiction.

    Currently, less than 3% of the oceans are under some form of protection, although altogether the world's oceans cover two-thirds of the planet.

    The treaty contains 75 points covering areas such as protecting, caring for and ensuring responsible use of marine resources, and includes a provision for requiring environmental impact assessments of any economic activities in international waters.

    The treaty also aims to ensure that all countries have fair and equitable access to the ocean's resources. While it is widely referred to as the High Seas Treaty, officially it is called the Biodiversity Beyond National Jurisdiction Treaty.

    As of Monday, French President Emmanuel Macron said 50 countries had ratified the treaty, with 60 needed for it to go into effect.

    Separate to the High Seas Treaty, countries agreed under a 2022 U.N. biodiversity pact to put 30% of their territorial waters under conservation.

    WHY DO WE NEED AN OCEAN TREATY?

    Oceans support coastal economies and livelihoods through tourism, fishing, shipping, mining, offshore energy and more.

    Oceans also absorb about a third of the world's carbon dioxide, or CO2 - the primary gas driving climate change - while ocean-swimming phytoplankton provide about half of the world's oxygen.

    But marine life is now struggling, and human industry and development are almost entirely to blame.

    More than 1,500 ocean plants and animals are now at risk of extinction, and that number is expected to rise amid ongoing pollution, overfishing, ocean warming and acidification, according to scientists at the International Union for Conservation of Nature.

    Additionally, new threats to ocean organisms and ecosystems could emerge in coming years in the form of deep-sea mining for rare-earth minerals. In Nice, Macron is expected to urge countries to support postponing sea-bed exploration while researchers work to understand deep sea ecosystems.

    Scientists are also concerned about the possibility that governments could look to modify ocean chemistry to boost its capacity for absorbing CO2 - a scenario that researchers say could help to limit global warming but could also have unintended consequences.

    WHAT ARE THE NEXT STEPS FOR THE TREATY?

    Macron's news on Monday of 50 governments having ratified the treaty means it is still short by 10 signatures.

    The treaty will enter into force 120 days after 60 countries have ratified it. Work then begins on setting up institutions and committees to implement the treaty, while its signatories expect to hold a first conference within a year.

    Despite its involvement in the original treaty negotiations, the United States under current President Donald Trump is not expected to ratify the treaty.

    WHAT ELSE IS HAPPENING AT THE U.N. OCEANS CONFERENCE?

    Macron is co-hosting this third U.N. Oceans conference with Costa Rica, and with at least 55 heads of state, business leaders and civil society groups expected to attend the five-day event.

    Aside from discussions to advance the treaty, delegates are also expected this week to discuss overfishing, water pollution and other threats to marine life.

    They'll also be looking for fresh ideas on how to pay for it all - with ocean-linked financing lagging far behind other sustainable investment areas. For the five years spanning 2015-2019, ocean-related spending totalled $10 billion.

    By comparison, the U.N. estimates that every year at least $175 billion is needed for marine protection.

    The last U.N. oceans summit was held in Lisbon and co-hosted by Kenya in 2022. The next, co-hosted by Chile and Korea, is set for 2028.

    (Reporting by Virginia Furness, Editing by Katy Daigle and Hugh Lawson)

    Key Takeaways

    • •The High Seas Treaty aims to protect ocean areas beyond national jurisdiction.
    • •The treaty requires 60 ratifications to come into effect.
    • •It includes provisions for marine protected areas and resource management.
    • •The treaty is part of broader efforts to conserve 30% of oceans by 2030.
    • •The U.N. Oceans Conference discusses funding and implementation.

    Frequently Asked Questions about Explainer-What is the High Seas Treaty to protect world oceans?

    1What is the High Seas Treaty?

    The High Seas Treaty, signed in 2023, provides a legal framework for creating marine protected areas on the high seas, which are ocean areas beyond any national jurisdiction.

    2Why is the High Seas Treaty necessary?

    The treaty is necessary because oceans support economies and absorb a significant amount of carbon dioxide, but marine life is at risk due to pollution, overfishing, and climate change.

    3How many countries need to ratify the treaty for it to take effect?

    Currently, 60 countries need to ratify the treaty for it to go into effect; as of now, 50 countries have ratified it.

    4What are the next steps after the treaty is ratified?

    Once 60 countries ratify the treaty, it will enter into force 120 days later, and work will begin on setting up institutions and committees to implement it.

    5What topics will be discussed at the U.N. Oceans Conference?

    The conference will address overfishing, water pollution, threats to marine life, and explore financing options for marine protection.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    View All Headlines Posts
    Previous Headlines Post'Largest Princess Diana auction' features frocks, hats and bags
    Next Headlines PostFrederick Forsyth, 'Day of the Jackal' author, dies at 86