My model Natural resources and environmental economic Sur su

Sur surplus. marks) and producer 3, he growing demand for natural and of uncontrolled enic activities for development call for increased attention integrated and holistic environmental protection and sustainable resource consumption. Moreover, the development of large-scale economic infrastructure implies an increased risk of significant losses due to natural disaster linked to raw materials extraction, logging activity and conversion of forested areas. Fundamental question is how to assess the potential physical impacts of natural resources on environmental management and downstream activities. There is also the need to value and compare the intangible, non- priced (intangible), but real benefits of natural resources protection (and of other non- marketed environmental benefits) with the tangible, economic benefits of natural resources. This challenge must be addressed since policy makers in developing countries, like Malaysia, require monetary estimates to help them decide on land use options. Having this research scenario, what is the suitable economic valuation method that needs to be used to make a decision and how much environmental damage should be allowed? Explain marks)

Solution

UNCONTROLLED ANTHROPOGENIC ACTIVITIES:

This activities involve human/person by changing the nature .For example rerouting the water from river for drinking purpose

Estimating value of various services and benefits that ecosystem and biodiversity generation done by using different approaches