1 From the perspective of terminology, the notion of ‘natural resources’ is narrower than that of ‘nature’, but broader than that of ‘biological diversity’ (Nature, International Protection; Biological Diversity, International Protection; Environment, International Protection). The latter, as defined in Art. 2 (1) 1992 UN Convention on Biological Diversity (‘CBD’), means the ‘variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part …’. The...
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