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Research Reports
Institutional alternatives for effective total natural resource conservation
Ⅰ. Overview of the Research
1. Background and purpose of the research

o Background of the research
ㅇ The newly launched Moon Jae-in administration in 2017 confirmed ‘setting the total amount of natural resources for conservation and making restoration or replacement obligatory to offset the losses’ as one of the 5-year policy tasks, which is the result of the continuously impacted natural environment by development.
ㅇ The draft amendment of the Natural Environment Conservation Act in 2019 which was intended to support the administration’s policy task failed to be approved.
ㅇ Biodiversity offsets experienced in other countries or regions suggest that diverse alternative institutional frameworks should be analyzed and prepared for policy decision making in consideration of legislation, planning, and implementation.

o Purpose of the research
ㅇ The purpose of this research is to suggest alternative institutional frameworks for the effective total natural resources conservation in Korea by analyzing and characterizing relevant domestic and foreign regulations.

2. Research questions and methods
o Research questions
ㅇ What are the mechanisms of biodiversity offset regulations in foreign countries or regions, and how are they related to their legislative and policy environment?
ㅇ What are the domestic institutions related to biodiversity offsets and how could the new institutions be effective under the current institutional setup?
ㅇ What are the alternative institutional frameworks for the effective total natural resources conservation, based on the answers to the two research q