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Humanity still has a chance, close to the last one, to prevent the worst of climate change’s future harms, a top United Nations panel of scientists report.
While campaigners hail a triumph of multilateralism, the new UN treaty has far from declared the high seas to be the 'Common Heritage of Mankind' and it has yet to agree any mechanisms for sharing ocean resources, explains Binoy Kampmark.
After 15 years of disagreement, failures and stalled formal and informal talks, there is finally a UN high seas treaty that will help to protect vast swathes of the planet's oceans.
Scholars and activists are developing a new political vision for managing the world economy that is reminiscent of the UN Declaration on a New International Economic Order, now 50 years old.