The common heritage of mankind doctrine as a basis for governing the use of lunar resources

The governance of lunar resources presents a significant challenge as nations and private entities prepare for lunar exploration and resource utilization. While the 1979 Moon Treaty introduced the principle of the "common heritage of mankind" (CHM), the lack of widespread ratification has hindered its implementation. This paper argues that the CHM doctrine, when applied pragmatically, provides a sound framework for equitable and sustainable governance of lunar resources. By revisiting the Treaty and aligning it with contemporary technological and geopolitical realities, this article explores pathways to establish an international regime that balances economic incentives with the broader interests of humanity.