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The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga. Deep sea mining remains controversial.
to finance the development and production of low-carbon fuels and energy transition metals. Our extensive experience in building, developing and financing natural resource assets and companies allows us to consider trade-offs of resource projects thoughtfully.
—Todd Cort, co-director of the Yale Center for Business and the Environment and Cary Krosinsky, lecturer in sustainable finance at the Yale School of Management. DeepGreen has partnered with three pacific island states for deep-sea environmental studies, mineral exploration and project development.
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