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Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
Biodiversity banks and the credits that are generated from them rely on regulations and legal frameworks. When establishing a biodiversity bank, a legal arrangement, such as a conservation easement (also known as a conservation covenant) might be required to set aside the land for conservation and prevent the use of the land for development, either in perpetuity or for a specified time period ...
The CBDR principle acknowledges that all states have shared obligation to address environmental destruction but denies equal responsibility of all states with regard to environmental protection. In the Earth Summit, states acknowledged disparity of economic development between developed and developing countries.
The Uniform Environmental Covenants Act (UECA) is one of the uniform acts drafted by the National Conference of Commissioners on Uniform State Laws, a non-profit, American unincorporated association. The act is intended to provide clear rules for perpetual real estate interests – an environmental covenant – to regulate the use of brownfield ...
The Principles for Responsible Investment Initiative (PRI) was established in 2005 by the United Nations Environment Programme Finance Initiative and the UN Global Compact as a framework for improving the analysis of ESG issues in the investment process and to aid companies in the exercise of responsible ownership practices. As of April 2019 ...
Environmental laws are laws that protect the environment. [1] The term "environmental law" encompasses treaties, statutes, regulations, conventions, and policies designed to protect the natural environment and manage the impact of human activities on ecosystems and natural resources, such as forests, minerals, or fisheries.
The Convention on Biological Diversity (CBD), known informally as the Biodiversity Convention, is a multilateral treaty.The Convention has three main goals: the conservation of biological diversity (or biodiversity); the sustainable use of its components; and the fair and equitable sharing of benefits arising from genetic resources.
Corporate Social Responsibility – integration of social and environmental policies into day-to-day corporate business. covenants – formal agreements or contracts, often between government and industry sectors. The national packaging covenant and sustainability covenants are examples of voluntary covenants with a regulatory underpinning.