This refers to common rights over shared resources, which are governed by common rules aimed at protecting and perpetuating this resource. it may be invested with a specific legal status and may involve various legal entities which share the objective of protection and conservation of the resource, declared to be the common heritage of the village community, region, nation or humankind. the term can also be used to recognize the claims of groups that lack formal legal status, for example a village community that does not have a recognized legal entity.; The idea of governance extended to include natural resources and endowments. Understood as access to a public good wherein there is no clearly defined political process in which users cede rights to a negotiated regulatory body, often extending across juridical boundaries.