In the last couple of decades, the development of practices and use of tools for managing the interaction of oil and gas developments with the surrounding natural environment have been steadily improving; these are now being incorporated into decision-making processes throughout the oil and gas project lifecycle.
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This best practice provides practical guidance on transitioning from marine spatial planning (MSP) into plan implementation in varying ecological, socio and economic contexts.
Making biodiversity conservation and protected areas relevant to business demands an integrated approach. It must integrate methods for measuring business impact and dependencies on nature, include clear communication on what this means for a business in terms of risk and opportunity, and involve collaboration to identify actions and define approaches that will underpin the business’s contribution to conservation.