Josephine Onoh Memorial Lecture 1994 - Trusts for the Earth, by Peter H. Sand

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Josephine Onoh Memorial Lecture 1994 - Trusts for the Earth, by Peter H. Sand
Full title: Trusts for the Earth: New Financial Mechanisms for International Enviromental Protection, by Peter H. Sand

Published by the Hull University Press in 1994, 33 pages. A5 size booklet (S8295BK)

The text of the Josephine Onoh Memorial Lecture, given on 21 February 1994.

From the first page: I was honoured and touched by your invitation to deliver this year's Josephine Onoh Memorial Lecture; honoured because over the past ten years, this lecture series has established a prestigious tradition for the University of Hull in the field of international law; touched because the lecture is in memory of an African lawyer, and I happen to have a highly personal rapport with African law, having spent six years of my professional life in Africa - first as a law teacher and then as an international civil servant. 

Today, I am expected to speak to you about financial mechanisms for international environmental protection - in other words, about money: 'protection money' as it were, in the somewhat flippant jargon of a recent article in The Economist. 1 Yes, of course we know that the environment needs protection money. It seems not altogether unreasonable to measure a country's seriousness in environmental protection by the percentage of its national budget allocated to environmental financing. The same need for protective financing is evident at the international level, as the UN Conference on Environment and Development (UNCED, Rio de Janeiro 1992) amply documented. 

Once we reach the global level, however, protection mechanisms tend to get more complicated. For one, global environmental benefits (even though they accrue to all of us, including all of us right here in this country) may require that our money be spent elsewhere, including some far-away countries on the other side of the globe. 
Secondly, global environmental protection may require that our money be spent today, even though it will not benefit us at all but rather our children and our children's children. 


The condition of the booklet is generally very good. The cover has one or two minor scuffs, but the staple spine is intact and all pages are clean, intact, unblemished and tightly bound