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Economic gains from natural resources are mostly beneficial when directed towards initiatives such as job creation, skill enhancement, capacity building, and pursuit of long-term developmental objectives. Thus, reliance on one or more natural resources holds financial risk when aiming for a stable economic growth. [28]
The term is also used and defined somewhat differently in fisheries, hydrology and natural resource management. Overexploitation can lead to resource destruction, including extinctions. However, it is also possible for overexploitation to be sustainable, as discussed below in the section on fisheries.
Effects of climate change are well documented and growing for Earth's natural environment and human societies. Changes to the climate system include an overall warming trend , changes to precipitation patterns , and more extreme weather .
The depletion of resources has been an issue since the beginning of the 19th century amidst the First Industrial Revolution.The extraction of both renewable and non-renewable resources increased drastically, much further than thought possible pre-industrialization, due to the technological advancements and economic development that lead to an increased demand for natural resources.
When natural habitats are destroyed or natural resources are depleted, the environment is degraded; direct environmental degradation, such as deforestation, which is readily visible; this can be caused by more indirect process, such as the build up of plastic pollution over time or the buildup of greenhouse gases that causes tipping points in ...
The World Bank began financing the Kenya Forest Service’s Natural Resources Management Project in 2007. It promised to cover $68.5 million of the project’s $78 million budget in an effort to help the KFS “improve the livelihoods of communities participating in the co-management of water and forests.”
When natural habitats are destroyed or natural resources are depleted, the environment is degraded; direct environmental degradation, such as deforestation, which is readily visible; this can be caused by more indirect process, such as the build up of plastic pollution over time or the buildup of greenhouse gases that causes tipping points in ...
To the peasant farmers, the campesinos, the cause of the contamination is evident. The hills contain flecks of gold ore, one of the rarest minerals on Earth. And for 22 years, the American company Newmont Mining Corp., with financing from the business-lending arm of the World Bank, has blasted apart hills and used toxic chemicals to get it out.