1. Natural Resource Management Principles
Session Objectives:
Identify institutional implications of natural resource management principles
Suggest measures to create necessary conditions for implementing the principles

2. Agenda Objective of natural resource management Economic principles
Environmental principles
Social principles
Institutional implications
Discussions

3. Objective of Natural Resource Management
Sustainable Use:
Use of natural resources in ways that ensure a non-declining stream of benefits for all, especially the poor, without weakening ecological functions of the resources.

4. Economic Principles Undistorted price Cost internalization
remove government subsidies for resource use
Cost internalization
resource users pay for external effects
Constant income
estimate & invest user costs to maintain income-generating capacity of the resource
Full-cost pricing is the essence of economic principles

5. Environmental Principles
Sustainable harvest
do not mine renewable resources
Constant stock
increase renewable resources to make up for loss of non-renewable resources
Precautionary principle
safeguard ecological functions in the face of uncertainty

6. Social Principles Fair distribution Community management
distribute secure property rights or use rights to the poor
Community management
rely on community institutions for managing their common resources
Critical support
provide info, technology, training, & credits to enable sound resource management

7. Principles: Illustration

8. Institutional Implications
What institutional arrangements are required to:
implement full-cost pricing?
ensure sustainable harvest?
prevent irreversibility?
redistribute rights over use of resources
make community resource mgt effective?
What are the difficulties?