The Agreement on the Conservation of Albatrosses and Petrels (ACAP), has been ratified by two countries: Australia ratified on 4 October 2001 and New Zealand on 1 November 2001. The Agreement was established to protect 21 Albatross species and 7 Petrel species. It particularly addresses the threats posed by by-catch in long-line fisheries.

The signing ceremony was held in Canberra, Australia on 19 June 2001. Australia, Brazil, Chile, France, New Zealand, Peru, and the United Kingdom were the first signatories, expressing their international commitment to protect albatrosses and petrels. To enter into force, the Agreement requires five ratifications. Australia, in its role of interim Secretariat, expects this will be achieved by mid-2002.