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Countries, food, water and energy industries, as well as other users can agree that the increasing use of more water, energy and land resources (food) have a great potential to face issues with environmental deterioration and even resource scarcity, as we can already see taking place in some parts of the developing world.
A sustainable food system is a type of food system that provides healthy food to people and creates sustainable environmental, economic, and social systems that surround food. Sustainable food systems start with the development of sustainable agricultural practices, development of more sustainable food distribution systems, creation of ...
Weighting factors such as a service's irreplaceability or bundled services can also allocate economic value such that goal attainment becomes more efficient. The economic valuation of ecosystem services also involves social communication and information, areas that remain particularly challenging and are the focus of many researchers. [44]
Sustainable development as well as sustainable consumption rely on certain premises such as: Effective use of resources, and minimization of waste and pollution; Use of renewable resources within their capacity for renewal; The reuse and upcycling of product life-cycles so that consumer items are utilized to maximum potential
The management of issues regarding animal genetic resources on the global level is addressed by the Commission on Genetic Resources for Food and Agriculture (CGRFA), which is a body of FAO. In May 1997, The CGRFA established an Intergovernmental Technical Working Group on Animal Genetic Resources for Food and Agriculture (ITWG-AnGR). [31]
The exploitation of natural resources describes using natural resources, often non-renewable or limited, for economic growth [1] or development. [2] Environmental degradation , human insecurity, and social conflict frequently accompany natural resource exploitation.
Actual resources are those, that have been surveyed, their quantity and quality determined, and are being used in present times. For example, petroleum and natural gas are actively being obtained from the Mumbai High Fields. The development of an actual resource, such as wood processing depends on the technology available and the cost involved ...
In economics, a non-renewable resource is defined as goods whose greater consumption today implies less consumption tomorrow. [27] David Ricardo in his early works analysed the pricing of exhaustible resources, and argued that the price of a mineral resource should increase over time. He argued that the spot price is always determined by the ...