Governance
Seamounts are active or extinct volcanoes located on mid-oceanic rifts or intra-plate hot spots. Because of their magmatic origin, seamounts contain mineral resources. A crust of ferromanganese oxide enriched with cobalt, copper, manganese and sulphur has accumulated around the oldest reliefs. These reserves could exceed the quantities currently present on the continents, but their extraction cost remains prohibitive to be profitable.
The coastal and marine habitats of the Western Indian Ocean (WIO) region support the livelihoods of a rapidly growing population, currently estimated at over 60 million. The region is still one of the least ecologically disturbed in the world, hosting over 2,200 species of fish, including rare and endangered species, such as the dugong, coelacanths, marine turtles, sharks, birds and over 350 species of corals and a diverse assemblage of coastal forests, mangrove forests and sea grass beds.
