#Natural Resources

Why Natural Resources Are Important For Long-Term Growth

Natural resources

Natural resources are built on the civilization of humanity, which are the fundamental foundation for economic growth, social progress, and environmental protection in the world we live in.

From the minerals under the earth’s surface to the vast oceans and forests, the bounty of the natural world holds the key to our future.

Come along with us @ Zik natural resources, as we discover the deep significance of natural resources and look at how effective management can create a more stable and fair world for future generations.

The Value Of Natural Resources And What Part They Play In The Economy

The words “natural resources” refer to the things( raw materials and substances) that people value in nature because they are useful for the economy, society, and the environment. They are what empower businesses like farming, mining, forestry, and renewable energy.

  • It provides the resources needed to make food, shelter, clothing, and medicine. They also provide energy for generating power.
  • Natural resources also help the economy grow, create jobs, and lead to new technologies.
  • Natural resources give many industries like agriculture, industry; energy, services, the raw materials and inputs they need to produce things.
  • It empowers businesses, brings in money through exports, and encourages investment, all of which help the economy grow and create jobs and income.

The most important thing in economic structures is natural resources, which are what help the economy function and grow.

 

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The Wide Range Of Natural Resources In The Ecosystem

 

Human beings have a connection with natural resources because they provide important resources and amenities that improve people’s health, way of life, and ability to make a living.
Physical and mental health is improved by having access to clean water, healthy food, clean air, and natural landscapes.

For sustainable growth, equality, and overall well-being, it is important to see and protect the connection between natural resources and human well-being.

The way natural resources are spread out on Earth is affected by things like mineral formation, weather, and factors related to the environment.

For example, places with lots of minerals may be close to places where there is geologically active movement, and places with lots of water may be near places that get a lot of rain or have river systems.

In the same way, forests and biodiversity areas are found in places with good weather and a wide range of surroundings.

For strategic planning, managing resources, and foreign cooperation to ensure fair access, long-term use, and environmental protection, it’s important to know how natural resources are spread around the world.

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Problems Of Natural Resources To Human Beings And The Environment

 

  • Damage to the environment and running out of resources: This is when natural resources wear out because of things people do, like pollution, cutting down trees, destroying habitats, and using too many minerals and fossil fuels. This puts people’s health and living at risk.
  • Natural resources are being influenced by climate change: There are many and varied effects of climate change on natural resources, which creates big problems for ecosystems, wildlife, and people. As a result of climate change, rising temperatures, changes in the way rain falls, and extreme weather events can upset natural processes.

In conclusion, to deal with the effects of climate change on natural resources, we need to apply complete strategies for both preventing and adapting to it.

These strategies should include lowering greenhouse gas emissions and making ecosystems more resilient.

Preservation actions, environmentally friendly resource management practices, and policy changes are needed to stop environmental damage and resource loss, protect ecological systems’ long-term health and resilience, and ensure everyone’s well-being, both now and in the future.

 

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Mr. Zik Boniwe is an Industrial/Management Consultant. He served as the Executive Managing Director of MAZIK Resources International Limited. He also served as the Programs Director of African Network for Environment and Economic Justice (ANEEJ), where he collaborated with some oil-producing host communities in the Niger Delta to ensure enactment of laws on the management of 13 per cent oil revenue derivation flowing from the Federation Account to oil-producing states for the development of host and impacted communities.

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