Deep sea Mining- Project of Ocean Foundation
Idea
Sea mining
Introduction
Deep sea mining is a new and untested industry to mine the ocean floor
Innovation
Bioprospecting is fundamentally different from deep-sea mining in the sense that it does not require a prolonged, large-scale, and costly operation under water. Instead, the main challenges and costs for bioprospecting start once on land and in the laboratory.
Impact
All of this activity is occurring in the absence of regulatory regimes or conservation areas to protect the unique and little-known ecosystems of the deep sea. Furthermore, scientific research into impacts is extremely limited and provides no assurance that the health of coastal communities and the fisheries on which they depend can be guaranteed.