A key challenge in marine bioprospecting is the governance of resources in Areas Beyond National Jurisdiction (ABNJ), such as the deep seabed. Based on the presentation, how does the recently adopted BBNJ Agreement attempt to address this governance gap?

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It creates a framework for the conservation and sustainable use of marine biodiversity in these areas, which was previously a major legal challenge.

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It transfers jurisdiction of the deep seabed from the "common heritage of mankind" to the nearest coastal states.

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It nullifies the Nagoya Protocol, replacing it with a single, comprehensive treaty for all marine bioprospecting.

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It exclusively focuses on granting intellectual property rights to companies that invest in deep-sea exploration technologies.

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A key challenge in marine bioprospecting is the governance of resources in Area...

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