Ecological restoration often depends on substantial funding to be initiated and sustained. So far, the dominant strategies to fund it have been philanthropic altruism or regulatory compulsion. Both make important contributions, but the commercial sector is a further source that has thus far not played a significant role relative to its potential. Just as philanthropic and regulatory strategies are both modulated by the law, so too law shapes the commercial sector’s participation in ecological restoration. Corporate law and its market context are particularly significant, and they are both a potential hindrance and opportunity. Some options for law reform are available to improve the contribution of the business sector to restoration.

Item Type:	Refereed Article
Keywords:	environmental restoration governance, business corporations, corporate law, ecological restoration, financing, markets
Research Division:	Law and Legal Studies
Research Group:	Environmental and resources law
Research Field:	Environmental law
Objective Division:	Environmental Policy, Climate Change and Natural Hazards
Objective Group:	Environmental policy, legislation and standards
Objective Field:	Environmental policy, legislation and standards not elsewhere classified
UTAS Author:	Richardson, BJ (Professor Benjamin Richardson)
ID Code:	109245
Year Published:	2016
Web of Science® Times Cited:	14
Deposited By:	Law
Deposited On:	2016-06-05
Last Modified:	2017-10-17
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