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Tags: Keywords: Biodiversity, Law and economics, Ecosystem services, Economic instruments, International environmental law.

MORE ECOLOGY OR MORE ECONOMY IN INTERNATIONAL CONVENTIONS ON BIODIVERSITY

  • By Donatella Porrini and Antonio De Lorenzo
  • 13 Days ago
  • Downloads: 0

  • View: 21

Volume VIII 2025 Issue II GNLU Journal of Law And Economics

International biodiversity governance has progressively evolved from a predominantly ecological and conservationoriented approach toward a more integrated framework that incorporates economic reasoning. This article argues that such an evolution is not merely terminological, but reflects a deeper transformation in the way biodiversity is conceptualized and governed at the international level. The study examines whether, and to what extent, international biodiversity conventions and related policy initiatives have incorporated economic considerations alongside traditional conservation objectives. Using a text analysis methodology, the article analyzes the language of key international conventions adopted since the 1970s, distinguishing between early conservation agreements, statebased conventions, and instruments developed within the framework of the Convention on Biological Diversity. This analysis is complemented by an examination of the conceptual frameworks adopted by the Intergovernmental SciencePolicy Platform on Biodiversity and Ecosystem Services and the European Union Biodiversity Strategy. The findings show a growing emphasis on ecosystems, ecosystem services, and human wellbeing, which emerges progressively across the examined instruments and culminates in the KunmingMontreal Global Biodiversity Framework. From a lawandeconomics perspective, this study argues that economic instrumentssuch as taxes, subsidies, tradable permits, and payments for ecosystem servicesplay a crucial role in translating biodiversity commitments into effective and actionable policy measures. The article concludes that future biodiversity governance is likely to rely increasingly on economic approaches to complement legal obligations and enhance their practical effectiveness.



Recommended Citation

Donatella Porrini and Antonio De Lorenzo (2026) "MORE ECOLOGY OR MORE ECONOMY IN INTERNATIONAL CONVENTIONS ON BIODIVERSITY", GNLU Journal of Law And Economics : Volume VIII 2025, Issue II
Available at: https://gnlu.ac.in/GJLE/Publications/MORE ECOLOGY OR MORE ECONOMY IN INTERNATIONAL CONVENTIONS ON BIODIVERSITY

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Editorial Note

THE CURRENCY OF DELAY: A POLITICAL ECONOMY ANALYSIS OF JUDICIAL INCENTIVES IN INDIAN HIGH COURTS

In 2023, the Delhi High Court disposed of more than 87,000 cases, a recordbreaking figure. Yet its backlog grew. Across India, governments have doubled judicial strength in some states, built stateoftheart ecourts, and implemented case management software. Still, over 5.1 crore cases remain pending. The standard explanation treats this as a resource problem: too few judges chasing too many litigants. But what if the real answer is more uncomfortable What if delay is not a bug in the system, but a feature, a currency that judges spend, save, and strategically deploy This paper advances a heretical proposition: that for the Indian High Court judge, disposing of cases is not always the rational choice. In a system where the government is simultaneously the largest litigant and the arbiter of judicial careers, where a controversial judgment can trigger a punitive transfer while a safe adjournment goes unnoticed, and where forty dismissals at the admission stage count the same as one laboriously reasoned final verdict, delay emerges as the equilibrium strategy. The crisis of pending cases is not an accident of overload; it is the predictable outcome of incentives working exactly as designed. Employing a political economy framework, we model the High Court judge as a strategic actor maximizing a utility function comprised of reputation (professional prestige), leisure (workload aversion), promotion prospects (chances of elevation or postretirement appointment), and the cost of dissent (risk of punitive transfer or career backlash). The paper proposes an empirical model to test whether judicial delays correlate with political cycles and the identity of the litigant (State vs. Citizen), suggesting that strategic delay is a rational response to the institutional constraints of the Indian judiciary.

  • Tathagat Sharma
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