Deep-sea mining should be a no go for the financial sector – Triodos Investment Management

Column by Johanna Schmidt.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

... An increasing numer of countries and companies are looking into the possibilities of extracting the precious minerals that are needed for the energy transition from the depths of the oceans. But the risks of irreparable damage to biodiversity that go hand-in-hand with deep-sea mining are so great that even reducing CO2 emissions is no excuse for it. The financial sector needs to stop this new industry before it has even begun.

Learn more here