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IUMI – WOC Webinar – U.N. BBNJ Ocean Treaty

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IUMI – WOC Webinar – U.N. BBNJ Ocean Treaty


World Ocean Council Collaborates with IUMI to Provide 19 May Briefing on New Law of the Sea Regulatory Regime with Broad Implications for Marine Insurance and Industries

12 May 2020

The International Union of Marine Insurance (IUMI) has invited the World Ocean Council (WOC) to provide an IUMI webinar briefing for the marine insurance and maritime industries on the upcoming extension of the U.N. Law of the Sea (UNCLOS).

The nearly finalized new treaty addresses the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction (BBNJ) and will affect business operations in the high seas for the foreseeable future.

World Ocean Council CEO Paul Holthus will provide the webinar briefing on the BBNJ Treaty. The webinar will cover the treaty’s content, progress, potential effects on shipping and other marine industries and the opportunities for industry to constructively engage in the treaty goals. The presentation will be followed by audience Q&A.

To facilitate participation from around the globe, the webinar will be run at two times.
To register for either of the two sessions, see the links below:
• Tuesday, 19 May 2020, 09:00-10:00 CEST (Hamburg time)
• Tuesday, 19 May 2020, 20:00-21:00 CEST (Hamburg time)
The webinars are free of charge.

The BBNJ will be a legally binding agreement that creates new international high seas regulation on:
• Environmental impact assessments (EIAs)
• Area-based management tools, including marine protected areas (MPAs)
• Marine genetic resources (MGRs) including benefit sharing
• Capacity-building and transfer of marine technology

The fourth and final negotiating session was planned for April 2020, but has been postponed due to COVID-19. The WOC is an accredited observer to the BBNJ negotiations and has been the only ocean industry organization consistently and actively involved in the BBNJ process over the past decade.

For more information about the BBNJ, please see:
• The Law of the Sea “BBNJ Agreement” and Ocean Business Activities
• Ocean Governance and the Private Sector
• Ocean Industries and Marine Planning
• Ocean Governance – Policy Brief

For more information on the webinar, please visit https://iumi.com/education/webinars/forthcoming-webinars/briefing-on-the-new-un-ocean-treaty-biological-diversity-of-areas-beyond-national-jurisdiction-bbnj.

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