Africa > Deep sea mining could lead to multi-billion toll of natural capital destruction

Deep sea mining could lead to multi-billion toll of natural capital destruction

Published 12:03 on March 7, 2024  /  Last updated at 12:03 on March 7, 2024  / /  Africa, Americas, Asia Pacific, Australia, EMEA, International, Nature-based, Voluntary

Deep sea mining for resources such as polymetallic nodules used in the energy transition could lead to more than $500 billion in value destruction, including at least $465 bln of natural capital loss, according to a report which finds preserving the deep sea to be worth at least 10 times more than exploiting it.
Deep sea mining for resources such as polymetallic nodules used in the energy transition could lead to more than $500 billion in value destruction, including at least $465 bln of natural capital loss, according to a report which finds preserving the deep sea to be worth at least 10 times more than exploiting it.


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