-
Kenya's economy faces climate change risks: World Bank
-
Leftist New York mayor under pressure on Irish unity question
-
Iran vets friendly ships for Hormuz passage: trackers
-
Ships in Gulf risk shortages on board, industry warns
-
New particle discovered by Large Hadron Collider
-
US Fed expected to keep rates steady as Iran war impact looms
-
Kerr 'frustrated' at six-figure sum owed to him by Johnson's failed Grand Slam Track
-
Oil prices climb as fresh strikes target infrastructure
-
Belgian diplomat ordered to stand trial over 1961 Congo leader murder
-
War threatens Gulf's dugongs, turtles and birds
-
Germany targets oil firms to prevent wartime price gouging
-
EU to help reopen blocked oil pipeline in Ukraine
-
Cash handouts, fare hikes as Philippines battles soaring fuel costs
-
Indonesia weighs response to price pressures from Middle East war
-
In Hollywood, AI's no match for creativity, say top executives
-
Nvidia chief expects revenue of $1 trillion through 2027
-
Nvidia making AI module for outer space
-
Migrant workers bear brunt of Iran attacks in Gulf
-
Trump vows to 'take' Cuba as island reels from oil embargo
-
Equities rise on oil easing, with focus on Iran war and central banks
-
Nvidia rides 'claw' craze with AI agent platform
-
Damaged Russian tanker has 700 tonnes of fuel on board: Moscow
-
Talks towards international panel to tackle 'inequality emergency' begin at UN
-
EU talks energy as oil price soars
-
Swiss government rejects proposal to limit immigration
-
Ingredients of life discovered in Ryugu asteroid samples
-
Why Iranian drones are hard to stop
-
France threatens to block funds for India over climate inaction
-
"So proud": Irish hometown hails Oscar winner Jessie Buckley
-
European bank battle heats up as UniCredit swoops for Commerzbank
-
Italian bank UniCredit makes bid for Germany's Commerzbank
-
AI to drive growth despite geopolitics, Taiwan's Foxconn says
-
Filipinas seek abortions online in largely Catholic nation
-
'One Battle After Another' wins best picture Oscar
-
South Koreans bask in Oscars triumph for 'KPop Demon Hunters'
-
'One Battle After Another' dominates Oscars
-
Norway's Oscar winner 'Sentimental Value': a failing father seeks redemption
-
Indonesia firms in palm oil fraud probe supplied fuel majors
-
Milan-Cortina Paralympics end as a 'beacon of unity'
-
It's 'Sinners' vs 'One Battle' as Oscars day arrives
-
Oscars night: latest developments
-
US Fed expected to hold rates steady as Iran war roils outlook
-
It's 'Sinners' v 'One Battle' as Oscars day arrives
-
US mayors push back against data center boom as AI backlash grows
-
Who covers AI business blunders? Some insurers cautiously step up
-
Election campaign deepens Congo's generational divide
-
Courchevel super-G cancelled due to snow and fog
-
Middle East turmoil revives Norway push for Arctic drilling
-
Iran, US threaten attacks on oil facilities
-
Oscars: the 10 nominees for best picture
After sleepless night, marathon UN high seas talks continue
UN member states struggled Saturday to nail down a long-awaited agreement on the high seas, after a sleepless night of negotiations on a treaty to protect a fragile and vital treasure that covers nearly half the planet.
After more than 15 years of informal and formal talks, negotiators have reached the end of two more weeks of discussions -- the third "final" session in less than a year.
But as of early Saturday in New York, participants were still wrangling over the highly political issue of benefit-sharing for research derived from marine genetic resources collected on the high seas.
"Global High Seas Treaty. I have now officially been in a negotiations at the UN for 24 hours," New Zealand's deputy foreign secretary Victoria Hallum wrote on Twitter. "That’s a new record for me. So close now!"
On Friday night, conference chair Rena Lee had said there was still "a window of opportunity to seal the deal, and we mustn't let this opportunity slip through our hands."
A draft text seen hours later by AFP did not contain the section on genetic resources, but appeared to be far from finished.
"It still has a lot of brackets in, which raises the question at this late stage of how they plan to go through it all," said Nathalie Rey of the High Seas Alliance, a grouping of around 40 NGOs.
"But it's clear at 4 am, they are still really trying very hard to land the treaty today, otherwise they would have thrown in the towel."
- 'A massive step'? -
Even if compromises are found on all the remaining disputes, the treaty cannot be formally adopted at this session, Lee said on Friday.
But it could be "finalized" without the possibility of reopening discussions on substantive sections, before a formal adoption at a later date, she added.
Even without adoption Friday, "It's a massive step," said Veronica Frank of Greenpeace.
Disputes include the procedure for creating marine protected areas, the model for environmental impact studies of planned activities on the high seas and the sharing of potential benefits of newly discovered marine resources.
The high seas begin at the border of countries' exclusive economic zones, which extend up to 200 nautical miles (370 kilometers) from coastlines. They thus fall under the jurisdiction of no country.
While the high seas comprise more than 60 percent of the world's oceans and nearly half the planet's surface, they have long drawn far less attention than coastal waters and a few iconic species.
Only about one percent of the high seas are currently protected.
Ocean ecosystems create half the oxygen humans breathe and limit global warming by absorbing much of the carbon dioxide emitted by human activities.
But they are threatened by climate change, pollution and overfishing.
- North-South 'equity' -
For many, any agreement hinges on equity between the rich global North and poorer global South.
Developing countries, without the means to afford costly research, say they fear being left behind while others profit from the potential commercialization of substances discovered in the international waters.
In a move seen as an attempt to build trust between rich and poor countries, the European Union pledged 40 million euros ($42 million) in New York to facilitate the ratification of the treaty and its early implementation.
Delegates to a global conference in Panama on saving the world's oceans also pledged $19 billion this week, including $6 billion from the United States and $860 million from the EU for marine conservation.
Observers interviewed by AFP say that resolving these politically sensitive financial issues could help ease other sticking points.
If an agreement is reached, it remains to be seen whether the compromises made will result in a text robust enough to protect oceans effectively.
"The text is not perfect, but it's got a clear path towards 30 by 30," said Greenpeace's Frank, referring to world governments' commitment to protect 30 percent of the world's land and ocean by 2030, as agreed in Montreal in December.
H.Cho--CPN