2023 is a pivotal year for deep sea ecosystems — it could be the year where the mining of the international seabed can legally start. Planet Tracker will provide investors with an assessment of as yet unhighlighted financial risks and challenges of deep-sea mining.
Supporters of DSM promise to provide the materials needed for a decarbonised future, by extracting key metals from the seabed. However, the environmental effects of DSM have shown catastrophic and irreversible implications for biodiversity.
Revealing and financialising previously unhighlighted risks posed by DSM will influence financial institutions not to invest in DSM and empower them to apply learnings from DSM to other nature-related industries. The project is a case study to provide investors with a greater understanding of how to integrate environmental considerations into capital allocation decisions to reduce the impact of the industries they finance on marine ecosystems.
For more information visit: https://planet-tracker.org