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Outdoor Economy

Finding the Underappreciated Value in Natural Resources

The underappreciated values of natural resources

What are Natural Resources?1319_xf8q9z1orv_m

The definition of natural resources is “a resource (actual and potential) that is provided by nature”

Natural resources are often taken in consideration when evaluating the wealth of a country.  Wealth is measured by the amount of minerals, timber, water, and commercially important animals such fish, birds, mammals, invertebrates that can provide tangible goods are considered for sale on the market.

Their importance is evaluated by what they can provide if they are extracted or harvested and sold.

 

Yet the value of natural resources is much greater than that.

The true value of natural resources is often overlooked.

The economic potential of extracting and harvesting is minimal when compared to what they can provide if they are maintained and nurtured.

When one realizes the outdoor recreation industry is nearly double the size of automotive and fuel industry, the the idea for economic impact could be much greater when one thinks about conserving and nurturing.

Wildlife viewing by birders is considered one the fastest growing recreation activities in the United States (Outdoor Recreation Coalition of America).

Birders spent an estimated $12 billion on trip expenditures and $24 billion on equipment expenditures in 2006.

People will also spend a ton on outdoor photography.

As huge as the outdoor recreation industry is, it is just one small part of the value of natural resources.

Nurturing an active outdoor economy can provide numerous advantages if it is done correctly.  There can be tremendous benefit to education, scientific discovery, and quality of life of the people.

It is the goal of this site to provide intelligent methods and strategies to help communities increase their benefit from their natural resources responsibly.

I hope that this provides you with some food for thought.

Please post your questions here.  Let us know what you would like to learn so we can better serve you.

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