International Agreement For Conserving Marine Biodiversity In Hennepin
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The Agreement is open for signature by all States and regional economic integration organizations from 20 September 2023 to 20 September 2025, and will enter into force 120 days after the date of deposit of the sixtieth instrument of ratification, approval, acceptance or accession.
The Convention on Biological Diversity (CBD) is the international legal instrument for "the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic resources" that has been ratified by 196 nations.
The United Nations Convention on the Law of the Sea lays down a comprehensive regime of law and order in the world's oceans and seas establishing rules governing all uses of the oceans and their resources.
More than 99 percent of all species that ever lived on Earth are estimated to be extinct. Estimates on the number of Earth's current species range from 2 million to 1 trillion, but most estimates are around 11 million species or fewer.
Nepalese rangelands have high biodiversity and are estimated to cover nearly 12% of the country's total area, providing habitat for various flowering plants, including endemic species and wildlife as well as globally threatened species.
The Cabinet meeting was held on July 02, 2024. The BBNJ Agreement, or the 'High Seas Treaty', is an international treaty under the United Nations Convention on the Law of the Sea (UNCLOS). It aims to address the growing concerns over the long-term protection of marine biodiversity in the high seas.
The Agreement is open for signature by all States and regional economic integration organizations from 20 September 2023 to 20 September 2025, and will enter into force 120 days after the date of deposit of the sixtieth instrument of ratification, approval, acceptance or accession.
The EU played a key role in reaching the BBNJ agreement and strongly encourages all countries to promptly ratify the treaty. It will enter into force once it receives 60 ratifications. Currently, seven countries have ratified the treaty and 89 have signed it.
The BBNJ Agreement was agreed upon in March 2023 and is open for signature for two years starting September 2023. It will be an international legally binding treaty after it enters force 120 days after the 60th ratification, acceptance, approval or accession.
