The Tragedy of the Commons
- Global commons are parts of the Earth that are not owned or managed by any single country
- They are shared resources that belong to everyone, and as such, they require a cooperative approach to management
- The principle of the common heritage of mankind is applied to the global commons
- The idea is that resources are essential for the survival and well-being of all people
- They are too important to be owned by one nation and instead should be managed equitably and sustainably for the benefit of everyone
- There are four global commons identified by international law
The four global commons
- The global commons are essential for human well-being and therefore a priority for conservation
- Benefits include climate regulation, economic value, e.g. through tourism and fishing, and cultural and spiritual significance
- No single country has an exclusive right to these resources, instead, they need to be managed through a cooperative approach to benefit everyone, now and in the future
The tragedy of the commons
- If individuals or countries act in their own self-interest without considering the needs of others, this could lead to the damage or depletion of a shared resource
- This is known as the tragedy of the commons
- The tragedy of the commons (as explained by Garret Hardin in 1968) occurs when common pool resources are used in production in an unsustainable way:
- In the fishing industry, the more fish each country catches, the greater their profit
- This will lead to overfishing as other countries feel the need to increase their catch to keep up
- Potentially causing the industry to collapse and reducing resources for future generations