Políticas públicas para o desenvolvimento sustentável brasileiro: o papel dos royalties do petróleo na institucionaliza o de uma política de preserva o da biodiversidade

The aim of this paper is to discuss the application of oil royalties in biodiversity conservation in Brazil as part of promoting sustainable development. The loss of species and reduction of genetic variation are direct and/or indirect consequences of human actions such as deforestation, urban sprawl, burning fossil fuels, among others. Starting from the idea that the royalties make up a financial compensation whose genesis is the promotion of intergenerational justice, we performed an analysis of the legal framework in place to determine the compatibility of these resources with the protection of biodiversity. We notice that there is a gap in ownership of intergenerational perspective, constitutionally established, both along the legislative process and practice of related public policy. Even with the various options for the application of oil royalties, we conclude by defending its application in biodiversity conservation as heritage for future generations.