International Intervention in National Resource Management: The Instruments for Regulating Global Biological Diversity

Abstract

The global problem of global biological diversity losses is the result of decentralised (state-based) decisions concerning land use and conversions. Each state acting independently will take no account of the value deriving from the maintenance of a globally diverse portfolio of biological resources. Instead, each will attempt to specialise its own portfolio to its own individual benefit. This decentralised decision-making process will result in the targeting of a globally suboptimal stock of diverse resources.