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Integrating Biodiversity Conservation into Oil and Gas ... - EBI

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8. CONCLUSION<br />

Ensuring that oil <strong>and</strong> gas exploration <strong>and</strong> production<br />

activities proceed in a manner that is compatible with<br />

biodiversity conservation <strong>and</strong> responsible business<br />

practice will require a reassessment of business<br />

management systems <strong>and</strong> decision-making frameworks,<br />

within the context of an increasing focus on sustainable<br />

development. Only by thoroughly integrating biodiversity<br />

considerations <strong>into</strong> policies, systems, operations <strong>and</strong><br />

decision-making frameworks will biodiversity become<br />

a regular part of business risk assessments, in much the<br />

same way that issues such as safety or emissions control<br />

are familiar <strong>and</strong> accepted factors today.<br />

The <strong>EBI</strong> believes it is in the interests of the energy<br />

industry <strong>and</strong> society to continually work toward achieving<br />

this integration. Each company has a different set of<br />

values, principles <strong>and</strong> policies, each is at a different point<br />

along the path of integrating biodiversity <strong>into</strong> its systems<br />

<strong>and</strong> operations, <strong>and</strong> each will progress at a different rate<br />

toward achieving effective consideration of biodiversity<br />

issues. Companies also operate in different parts of<br />

the world <strong>and</strong> encounter a wide range of approaches<br />

to regulating the environmental impacts of oil <strong>and</strong> gas<br />

development. Thus, each company will need to adapt<br />

its existing business procedures, based on a process of<br />

prioritization of needs <strong>and</strong> potential risks <strong>and</strong> benefits.<br />

This includes the <strong>EBI</strong> companies, for whom this is<br />

also still a “work in progress.” Each is starting from a<br />

different point in developing its internal biodiversity<br />

policies <strong>and</strong> programs. As such, each company has<br />

different needs <strong>and</strong> priorities for addressing the<br />

individual recommendations below, <strong>and</strong> none is<br />

necessarily likely to fully implement them all.<br />

The path toward achieving this integration should<br />

be a joint effort among companies, conservation<br />

organizations, governments, communities <strong>and</strong><br />

other stakeholders. Energy companies can mobilize<br />

considerable corporate expertise, influence <strong>and</strong><br />

resources for biodiversity conservation, but they cannot<br />

<strong>and</strong> should not be expected to take all the necessary<br />

actions on their own. Rather, companies, governments,<br />

conservation organizations <strong>and</strong> communities can work<br />

together to develop tools, resources, guidelines <strong>and</strong> case<br />

studies that will further promote full consideration of<br />

biodiversity conservation issues wherever oil <strong>and</strong> gas<br />

resources are developed.<br />

8.1 RECOMMENDATIONS<br />

To encourage progress in integrating biodiversity<br />

conservation <strong>into</strong> upstream oil <strong>and</strong> gas development, the<br />

<strong>EBI</strong> recommends that:<br />

1. Companies <strong>and</strong> conservation organizations view<br />

biodiversity conservation as an integral part of<br />

sustainable development.<br />

2. Energy companies are familiar with the Convention on<br />

Biological Diversity, underst<strong>and</strong> its implications for<br />

their industry, <strong>and</strong> contribute to its implementation.<br />

3. Energy companies <strong>and</strong> conservation organizations<br />

work together in partnership to integrate<br />

biodiversity conservation <strong>into</strong> upstream oil <strong>and</strong> gas<br />

development.<br />

4. Energy companies <strong>and</strong> conservation organizations<br />

share information on biodiversity <strong>and</strong> make<br />

that information available in the public domain,<br />

whenever possible.<br />

5. Stakeholder engagement that includes biodiversity<br />

considerations begins as early as possible <strong>and</strong><br />

continues throughout the project lifecycle.<br />

Engagement is particularly important during impact<br />

assessment, indicator development <strong>and</strong> evaluation of<br />

opportunities to benefit biodiversity conservation.<br />

6. Where project development proceeds, it does so,<br />

where possible, in the context of a general plan for<br />

conservation <strong>and</strong> sustainable development on an<br />

appropriate geographic scale. Energy companies <strong>and</strong><br />

conservation organizations participate with other<br />

key stakeholders in government-led spatial/regional<br />

l<strong>and</strong>-use planning processes to map out priorities<br />

for biodiversity conservation <strong>and</strong> sustainable<br />

economic development.<br />

51<br />

<strong>Integrating</strong> <strong>Biodiversity</strong> <strong>Conservation</strong> <strong>into</strong> <strong>Oil</strong> <strong>and</strong> <strong>Gas</strong> Development

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