Explanation:

About UN High Seas Treaty

• It is the first-ever treaty to protect the world's oceans that lie outside national boundaries.

• It is also known as the ‘Paris Agreement for the Ocean.’

• It is a legally binding treaty that aims at protecting, caring for, and ensuring the responsible use of the marine environment, maintaining the integrity of ocean ecosystems, and conserving the inherent value of marine biological diversity.

• The treaty is built on the legacy of the UN Convention on the Law of the Sea (UNCLOS), which is the last international agreement on ocean protection, signed 40 years ago in 1982. UNCLOS established an area called the high seas.

• It aims to place 30% of the seas into protected areas by 2030 (a pledge made by countries at the UN biodiversity conference in 2022).

• It will provide a legal framework for establishing vast marine protected areas (MPAs) to protect against the loss of wildlife and share out the genetic resources of the high seas.

• It also covers environmental assessments to evaluate the potential damage of commercial activities, such as deep-sea mining.

• The treaty aims at strengthening resilience and contains provisions based on the polluter-pays principle as well as mechanisms for disputes.

Hence only statement 1st is correct.