The high seas - oceans which fall beyond the jurisdiction of any country - make up about two thirds of the world’s ocean and half of the total surface of planet earth.
The 193-member General Assembly adopted a resolution Friday aimed at drafting a legally binding international treaty for the conservation of marine biodiversity and to govern the mostly lawless high seas beyond national jurisdiction.
The untapped riches in the world’s oceans are estimated at nearly 24 trillion dollars – the size of the world’s leading economies, according to a new report released Thursday by the World Wide Fund for Nature (WWF).