Define: Natural Equity

Natural Equity
Natural Equity
Quick Summary of Natural Equity

Natural equity, also known as natural justice, is the concept of fairness and impartiality in interactions with others. It encompasses a set of principles that define what is right and fair. When the law falls short in addressing a particular matter, natural equity is often employed to rectify or complement it. Although not always enforced by the courts, natural justice remains a guiding principle for individuals to adhere to in their own moral compass.

Full Definition Of Natural Equity

Natural equity refers to the concept of fairness and impartiality when interacting with others. It is rooted in a set of principles that define what is fair and right, also known as natural law. Natural equity is often employed to rectify or supplement the law in specific situations. For instance, a judge may utilise equity to resolve a case when the statute fails to fully address the issue at hand. This entails the judge employing principles of justice to arrive at a fair decision, even if it is not explicitly outlined in the law. Another example of natural equity is countervailing equity, which involves balancing conflicting interests and considering both sides equally. In such cases, the court must make a fair decision based on the principles of natural equity. In essence, natural equity revolves around treating others fairly and justly, even if it necessitates going beyond what is explicitly stated in the law.

Natural Equity FAQ'S

Natural equity refers to the principle of fairness and justice in relation to the distribution of natural resources and environmental benefits. It emphasizes the need to ensure that all individuals and communities have equal access to and benefit from these resources.

Natural equity is protected by various legal frameworks, such as environmental laws and regulations, which aim to prevent the unfair exploitation or depletion of natural resources. These laws often establish mechanisms for equitable distribution and sustainable management of resources.

In some cases, individuals or communities may have legal rights to claim ownership or control over specific natural resources based on principles of natural equity. However, this varies depending on the jurisdiction and specific circumstances.

Natural resources covered under natural equity laws can include land, water bodies, forests, minerals, and other elements of the environment that are essential for human well-being and ecological balance.

In cases of environmental damage, natural equity can be enforced through legal actions, such as filing lawsuits against responsible parties, seeking compensation for affected communities, and advocating for restoration and conservation measures.

Yes, several international agreements and conventions, such as the United Nations Framework Convention on Climate Change and the Convention on Biological Diversity, promote the principles of natural equity and call for equitable access to and sharing of environmental resources.

Yes, natural equity should be considered in land-use planning and development decisions to ensure that the benefits and burdens of such activities are distributed fairly among different stakeholders and communities.

Natural equity and environmental justice are closely related concepts. Environmental justice focuses on addressing the disproportionate burden of environmental harm on marginalized communities, while natural equity emphasizes the fair distribution of environmental benefits and resources.

Yes, government policies or actions that disproportionately harm certain communities or exploit natural resources without considering equitable distribution can violate the principles of natural equity. In such cases, affected parties may seek legal remedies to address these violations.

Individuals and communities can advocate for natural equity by engaging in public participation processes, supporting environmental organisations, lobbying for equitable policies, and raising awareness about the importance of fair and just distribution of natural resources.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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