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Natural resource management is a discipline in the management of natural resources such as land, water, soil, plants, and animals—with a particular focus on how management affects quality of life for present and future generations. Hence, sustainable development is followed according to the judicious use of resources to supply present and ...
Integrated natural resource management (INRM) is the process of managing natural resources in a systematic way, which includes multiple aspects of natural resource use (biophysical, socio-political, and economic) meet production goals of producers and other direct users (e.g., food security, profitability, risk aversion) as well as goals of the ...
In economics, the field of public finance deals with three broad areas: macroeconomic stabilization, the distribution of income and wealth, and the allocation of resources. . Much of the study of the allocation of resources is devoted to finding the conditions under which particular mechanisms of resource allocation lead to Pareto efficient outcomes, in which no party's situation can be ...
Natural resource economics deals with the supply, demand, and allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability for future generations.
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]
CAMPFIRE was initiated in 1989 by the Zimbabwean government as a program to support community-led development and sustainable use of natural resources. [2] The 1975 Parks and Wildlife Act set the legal basis for CAMPFIRE by allowing communities and private landowners to use wildlife on their land, marking a substantial shift from colonial policy that made it illegal for local populations to ...
Resource depletion is the consumption of a resource faster than it can be replenished. Natural resources are commonly divided between renewable resources and non-renewable resources . The use of either of these forms of resources beyond their rate of replacement is considered to be resource depletion. [ 1 ]
In accordance with Rule 6. of the Committee on Natural Resources, the Subcommittee on Water, Oceans, and Wildlife has the following jurisdiction: [1] All measures and matters concerning water resources planning conducted pursuant to the Water Resources Planning Act, water resource research and development programs, and saline water research and development.