Over 15 years of discussions and five rounds of protracted UN-led discussions later, negotiators from more than 100 countries have finalised a treaty to protect biodiversity in the high seas. This UN treaty is a long-awaited step that, according to environmental groups, will help reverse marine biodiversity losses and ensure sustainable development. The legally binding pact was agreed upon in New York on Sunday, a day after the original deadline. "The ship has reached the shore," said the UN conference president, Rena Lee, after the final day of talks.

Watch |&nbsp;WION Climate Tracker: Plastic pollution threatens marine life

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The final round of talks began on February 20, but dragged on due to several points of contention. Economic interests reportedly remained a major sticking point, with developing countries calling for a greater share of the spoils from the so-called ‘blue economy’.

Additionally, the talks were delayed by an agreement on the sharing of "marine genetic resources" used in industries, like biotechnology.&nbsp; 
 
Also read |&nbsp;<a href="https://www.wionews.com/science/coral-reefs-in-western-indian-ocean-face-extinction-by-2070-study-claims-434846">Coral reefs in western Indian Ocean face extinction by 2070, study claims</a> 
 
A&nbsp;framework to protect marine life in the regions outside national boundary waters — known as the high seas —&nbsp;had been in discussions for nearly 20 years, but previous efforts to reach an agreement had repeatedly stalled.&nbsp;

This treaty is seen as a crucial component of the "30 by 30 deal" agreed upon in Montreal in December of last year.&nbsp;

"30 by 30" refers to global efforts to bring 30 per cent of the world's land and sea under protection by the end of this decade.

Also read |&nbsp;<a href="https://www.wionews.com/world/explained-un-ocean-treaty-talks-resume-why-the-deal-to-protect-the-worlds-oceans-is-so-important-564112">Explained | UN ocean treaty talks resume: Why the deal to protect the world’s oceans is so important</a>

As per Greenpeace, to meet this&nbsp;target, about 11 million square kilometres or 4.2 million square miles of the ocean need to be protected every year until the end of this decade. Currently, very few of the high seas are under this protection.

(With inputs from agencies) 
&nbsp;

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Over 15 years of discussions and five rounds of protracted UN-led discussions later, negotiators from more than 100 countries have finalised a treaty to protect biodiversity in the high seas.

Over 15 years of discussions and five rounds of protracted UN-led discussions later, negotiators from more than 100 countries have finalised a treaty to protect biodiversity in the high seas. This UN treaty is a long-awaited step that, according to environmental groups, will help reverse marine biodiversity losses and ensure sustainable development. The legally binding pact was agreed upon in New York on Sunday, a day after the original deadline. "The ship has reached the shore," said the UN conference president, Rena Lee, after the final day of talks. Watch | WION Climate Tracker: Plastic pollution threatens marine life The final round of talks began on February 20, but dragged on due to several points of contention. Economic interests reportedly remained a major sticking point, with developing countries calling for a greater share of the spoils from the so-called ‘blue economy’. Additionally, the talks were delayed by an agreement on the sharing of "marine genetic resources" used in industries, like biotechnology. Also read | Coral reefs in western Indian Ocean face extinction by 2070, study claims A framework to protect marine life in the regions outside national boundary waters — known as the high seas — had been in discussions for nearly 20 years, but previous efforts to reach an agreement had repeatedly stalled. This treaty is seen as a crucial component of the "30 by 30 deal" agreed upon in Montreal in December of last year. "30 by 30" refers to global efforts to bring 30 per cent of the world's land and sea under protection by the end of this decade. Also read | Explained | UN ocean treaty talks resume: Why the deal to protect the world’s oceans is so important As per Greenpeace, to meet this target, about 11 million square kilometres or 4.2 million square miles of the ocean need to be protected every year until the end of this decade. Currently, very few of the high seas are under this protection. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

After 15 years of talks, over 100 nations agree on global treaty to protect marine life on high seas

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After 15 years of talks, over 100 nations agree on global treaty to protect marine life on high seas