bioprospecting industry is a notable example (see further on MGR in Section 4 below), 9 or possibilities to exploit altogether new marine resources, such as the marine renewables discussed below. The relationship between technological developments in the realm of marine resource exploitation and the marine environment is a complex one, however, and requires a balance of interests to be struck.An illustrative example can be found in technological advances in offshore renewable energy production, which encompasses a range of different technologies at various stages of development, from offshore wind farms, to ocean energy technologies such as wave, tidal, current, salinity gradient, or ocean thermal energy conversion. 10 Depending on the exact technology, scale and location, these structures may either be floating or anchored to the seabed, and require the construction of, or connection to existing offshore grids. 11 Offshore renewables are an 'environmentally friendly' resource in the sense that they play an increasingly vital role in the energy transition and thereby in reaching global GHG emission reduction targets. At the same time, operating these technologies in the marine environment has certain environmental impacts, including noise pollution, electromagnetic fields, habitat disturbance and potential effects on populations of marine mammals and birds (in case of windfarms). 12 Positive (local) impacts on biodiversity have also been recorded, however, for example when the underwater infrastructure of a wind farm functions as an artificial reef, or due to fishing activities being excluded from the area. 13 In terms of applicable law, there is no single international instrument that regulates the environmental impacts of offshore renewable energy production. The United Nations Convention on the Law of the Sea (LOSC) 14 sets out the jurisdictional framework, granting coastal States rights to exploit ocean energy sources within their territorial sea, exclusive