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New Report Exposes the Global Risks of Deep Sea Mining

Greenpeace USA by Crystal Mojica Email The shadowy deep sea mining industry is on course to cause irreversible impacts on deep sea ecosystems to benefit a wealthy few. © Greenpeace / Gavin Newman 9 December, 2020 – An exclusive Greenpeace International report reveals for the first time who is behind the controversial deep sea mining industry. The report shows who stands to benefit and who is left at risk if governments allow deep sea mining exploitation to begin. The analysis tracks the ownership and beneficiaries of private companies who are behind calls to open up the seabed to commercial mining. The investigation uncovers a web of subsidiaries, sub-contractors, and murky partnerships whose ultimate decision-makers and those in line to profit are based overwhelmingly in the Global North while the states sponsoring these companies, largely countries in the Global South, are exposed to liability and financial risk.

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