Convention on Biological Diversity

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According to Kathleen McAfee:

"New, supranational environmental institutions, including the Convention on Biological Diversity (CBD) and the "green" World Bank, reflect attempts to regulate international flows of "natural capital" by means of an approach I call green developmentalism. These institutions are sources of eco-development dollars and of a new "global" discourse, a postneoliberal environmental-economic paradigm...
"Prominent actors in the promotion of a global green developmentalist agenda include the World Bank's Environment Department, OECD patent offices and representatives to international environmental negotiations, the quasi-governmental World Intellectual Property Organization (WIPO) and World Conservation Union (IUCN), and corporate lobbying bodies such as the US Biotechnology Industry Organization (BIO). Green developmentalism has growing support among mainstream conservationist organizations such as World Resources Institute and Worldwide Fund for Nature, as well as among academic scientists and environmental policy makers, lawyers, and economists." [1]

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References

  1. Kathleen McAfee, "Selling Nature to Save It? Biodiversity and the Rise of Green Developmentalism", Environment and Planning D: Society and Space, April 1999 17: 2: 133 -154.