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"UNEP: Convention on Biological Diversity, 1992" [2005] ELECD 284; in Tully, Stephen (ed), "International Documents on Corporate Responsibility" (Edward Elgar Publishing, 2005)

Book Title: International Documents on Corporate Responsibility

Editor(s): Tully, Stephen

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781843768197

Section: Chapter 61

Section Title: UNEP: Convention on Biological Diversity, 1992

Number of pages: 5

Extract:

61. UNEP: Convention on Biological Diversity,
1992

Commentary: The CBD (31 ILM 818 (1992), entry into force 1994) seeks to
preserve the variety of life on earth and promote sustainable development. For the
views of the US during negotiations, see Declaration made at the UNEP Conference
for the Adoption of the Agreed Text of the CBD (1992) 31 ILM 848. In addition to
the provisions below, Article 7 contemplates identifying and monitoring biodiver-
sity components. Article 8 addresses measures promoting in situ biodiversity
conservation whereas Article 9 applies to ex situ conservation. States Parties under
Article 11 shall adopt economically and socially sound incentive measures for
conserving and sustainably using biodiversity. Article 12 envisages governments
promoting research and training. Under Article 13, governments will promote the
importance of biodiversity through the media. Article 14 provides for environmen-
tal impact assessments for those projects likely to have significant adverse effects
upon biodiversity, public participation therein and notification, information
exchange and consultation for activities under national jurisdiction or control.
Article 14 moreover envisages governments examining questions of liability,
redress, restoration and compensation. For commercial perspectives, see ICC
(1992), `Comments on the UN CBD', Paris; WBCSD/World Conservation Union
(1997), `Business and Biodiversity: A Guide for the Private Sector', Geneva. See
further, www.biodiv.org.



Article 1. Objectives
The objectives of this Convention, to be pursued in accordance with its relevant provisions,
are the conservation of biological diversity, the sustainable use of its components and the fair
and equitable sharing of the benefits ...