Principles of ecologically sustainable use
3AB Principles of ecologically sustainable use
For the purposes of this Act, the following principles are principles of ecologically sustainable use:
decision‑making processes should effectively integrate both long‑term and short‑term environmental, economic, social and equitable considerations;
the precautionary principle;
the principle of inter‑generational equity—that the present generation should ensure that the health, diversity and productivity of the environment is maintained or enhanced for the benefit of future generations;
the conservation of biodiversity and ecological integrity should be a fundamental consideration in decision‑making;
improved valuation, pricing and incentive mechanisms should be promoted.
This Act’s bill:Second reading speech
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