An Institutional Framework for a More Efficient Use of Natural Resources

The importance of natural resources is recognized by its constitutional protection. A strategy to lower the impact of availability and cost of materials will have positive externalities, lessening exporting jobs abroad. A robust policy framework will improve eco‐efficient resource use and promote sustainable production and consumption. An Institutional Framework for Resource Management incorporating an international panel, would help to decouple natural resources use from its environmental impacts, monitor global material and energy flows balance and guide the design of policies and measures. Additionally, it would coordinate constituencies and generate information and knowledge, within the framework of existing environmental institutionalism. Humans change ecosystems to meet their respective needs. Their unfathomable ingenuity and drive needs a strong legal framework to provide order and deter predatory free market practices, thus limiting environmental degradation and depletion of natural resources thro...