Africa stands at a pivotal moment where its decisions could profoundly influence the trajectory of the industry and the preservation of marine ecosystems.
Deep-sea mining, an industry with significant financial potential, is currently under negotiation for rules and regulations at the International Seabed Authority (ISA). African countries play a crucial role in shaping the future of this industry and its impact on ocean health.
Writing in Al Jazeera, CoastMan’s Dr. Rashid Sumaila argues that that deep-sea minerals hold immense value, but our research reveals a complex balance of risks and rewards. Scientific evidence suggests that mining could harm fragile seafloor ecosystems by discharging sediment plumes, affecting light penetration, and dispersing toxins. The ecological cost may surpass the entire global defense budget.
While short-term profits are possible for private companies and sponsoring nations, long-term economic benefits remain uncertain due to business risks, litigation threats, and technological challenges. Alternatives like resource-efficient processes and responsible mining practices could reduce the need for deep-sea mining.
Clashes with land-based mining nations and market price fluctuations further complicate the landscape. An international movement, supported by various nations and organizations, calls for a moratorium on deep-sea mining until comprehensive scientific research assesses its environmental impact. Unfortunately, no African states currently support this pause.
Africa faces profound implications: balancing short-term gains against long-term ecological damage. The minerals on the international seafloor belong to humanity, raising ethical questions. Safeguarding our oceans and nature may outweigh immediate economic benefits. Read more in depth in Dr. Sumaila’s Op-ed here.