The Moon Agreement

The Moon Agreement, adopted in 1979, is an international treaty aimed at governing the exploration and use of the Moon and other celestial bodies. It emphasizes that these areas should be the common heritage of humanity, meaning that resources found there should benefit all people, not just individual countries or private companies. The agreement encourages peaceful exploration and prohibits military activities on the Moon. However, it has not been widely ratified; only a few countries are party to it, limiting its effectiveness in shaping governance around lunar activities and potential resource extraction.