• Medientyp: E-Artikel
  • Titel: Economics of a Biodiversity Convention
  • Beteiligte: Swanson, Timothy M.
  • Erschienen: Royal Swedish Academy of Sciences, 1992
  • Erschienen in: Ambio, 21 (1992) 3, Seite 250-257
  • Sprache: Englisch
  • ISSN: 0044-7447; 1654-7209
  • Entstehung:
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  • Beschreibung: An international convention is essential for the conservation of global biological diversity. The incentives facing any one country, with regard to the diverse biological resources that it hosts, often point to the conversion of these to more specialized resources, such as agricultural crops and domesticated animals. From a global perspective, however, these conversions are not desirable on account of the consequent losses of two important global services that biodiversity provides: insurance and information. This divergence between the interests of local development and those of global security exists on account of the "public good" nature of the services, which allow consumers to free ride on the producers of these services. The end result is the continued depletion of global biodiversity. This is yet another example of the "tragedy of the commons", at the global level. An international convention can remedy this dilemma through the facilitation of joint action by the global community. The nature of the necessary cooperation is the compensation of those countries which provide the services of biodiversity. Therefore, a biodiversity convention should be directed to the creation of international mechanisms that compensate a country for the benefits generated by its biological resources. An international convention of this nature is the only means available for the conservation of a truly global resource, such as biodiversity and the services it generates.