Abstract
In this contribution we present an outline of a new institutional regime for natural resources which takes into account the commonly agreed principle of sustainable development and the role public agencies may play in its governance. We start by describing the main features of sustainable development (14.1) and follow this with a discussion of its application in the management of natural resources (14.2). We then present a broad outline of the role public policies actually play in the allocation and consumption of natural resources (14.3). On the basis of these elements we then present an outline of the proposed resource quotas (14.4). This is followed by a more detailed description of the allocation and transfer of quotas within the framework of “Natural Resource Contracts (NRC)” (14.5), a discussion of some aspects of the governance of such a regime (14.6) and, finally, further arguments to support the selective application of such contracts (14.7).
in: Knoepfel, P. 2000. Natural Resource Quotas and Contracts — A New Institutional Regime for our Common Resources, Cahiers de ľIDHEAP no 178, Chavannes-près-Renens: IDHEAP.
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Knoepfel, P. (2007). Natural Resource Quotas and Contracts — A New Institutional Regime for our Common Resources (2000). In: Environmental Policy Analyses. Environmental Science and Engineering. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73149-8_14
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