New International Organization Seeks to Limit Ocean Development

April 1, 2013

Americans are all too familiar with fear-mongering campaigns organized by "green" nonprofits and their big foundation backers. Now some major environmentalist organizations appear to be shifting their efforts from stirring anxieties about the global atmosphere to new campaigns involving the world's oceans. The focus of this new push is the "Global Partnership for Oceans" (GPO), which is yet another effort to squash private development of the world's resources in favor of creating international bureaucracies that can stifle development around the world, says Neil Maghami of the Capital Research Center.

  • The GPO attempts to limit development of the world's offshore energy riches through collective resource management and wealth transfers on a global scale.
  • The GPO builds upon the Law of the Sea Treaty (LOST) that favors international non-governmental organizations over private enterprise.
  • While more than 160 countries have signed onto LOST, the United States has refused to become a signatory to the treaty, fearing LOST's potential impact on U.S. energy interests.

The GPO represents a growing alliance of more than 100 governments, international organizations, civil society groups and private sector interests committed to addressing the threats to health, productivity and resilience of the world's oceans.

  • The organization intends to address overfishing, pollution and habitat loss.
  • It believes that the economic resources of the ocean could alleviate global poverty while supporting the sustainable development of deep-sea resources.
  • The organization draws support from a wide variety of organizations, including the World Bank.

By aligning with the World Bank, the GPO's research will have considerably more influence on policymakers around the globe. The new maritime bureaucracy seeks to limit development of plentiful sources of energy off the U.S. shore.

  • Currently, less than 2 percent of the ocean's surface is protected and the GPO has a stated goal of increasing that to 5 percent.
  • The organization also intends to reestablish carbon trading schemes by monetizing the ocean, which would allow governments to attach specific costs or benefits to conservation and sustainability efforts.

Source: Neil Maghami, "The Global Partnership for Oceans," Capital Research Center, March 2013. Iain Murray, "LOST at Sea," National Center for Policy Analysis, March 2013.

 

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