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Biodiversity Offsetting in Transnational Governance
Author(s) -
Penca Jerneja
Publication year - 2015
Publication title -
review of european, comparative and international environmental law
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.37
H-Index - 18
eISSN - 2050-0394
pISSN - 2050-0386
DOI - 10.1111/reel.12102
Subject(s) - treaty , corporate governance , normative , biodiversity , interpretation (philosophy) , political science , international law , global governance , business , law , ecology , biology , finance , computer science , programming language
This article discusses the introduction of biodiversity offsets at the transnational governance level, at the vanguard of which is the practice by the B usiness and B iodiversity O ffset P rogramme ( BBOP ). The institutional setting of the BBOP and the legal arrangement of biodiversity offsets at the international level are analyzed, zooming in on the institutional and normative interplay between the transnational governance network ( BBOP ) and the C onvention on B iological D iversity as well as the R amsar C onvention. The significance of the case study lies in highlighting the cooperative, but also the exclusionary, effect of transnational networks and in demonstrating how new governance structures implement treaty provisions but rely on a contested interpretation, which then feeds back into the treaty process.