what is the wise use of natural resources to protect them from being executed is called what
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A wise use of resources
Monday, 06 June 2016 | ShilpiKapurBakshi
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A wise use of resources
Natural resources including renewable and non-renewable energy, metals and minerals, water, air, biomass and land, are key production factors. Restoring and maintaining the health of these resources by incorporating resource efficiency is a key element of sustainable development. It is not only needed to adequately feed current and projected populations, but also to provide a better quality of life to our future generations. UNEP has identified the term “resource efficiency” to encompass the technical efficiency of resource use (measured by the useful energy or material output per unit of energy or material input); the resource productivity, or extent to which economic value is added to a given quantity of resources (measured by useful output or value added per unit of resource input); and the extent to which resource extraction or use has negative impacts on the environment (increased resource efficiency implies reduced the environmental pressures that cause such impacts).
A strong economic argument for resource efficiency is the significant potential for improved competitiveness and job creation. Further, a responsible and efficient use of resources will contribute to higher social welfare by making available more. Resource efficiency also has the potential to contribute to health through, for example, improved access to clean water and food, and improved waste management. Resource efficiency can make a significant contribution towards achieving climate change targets for reducing greenhouse gas emissions without necessarily having adverse effects on the economy. The International Resource Panel, hosted by the United Nations Environment Programme (UNEP) in a recent (May 2016) report notes that more efficient resource use coupled with ambitious action on climate change, could achieve up to a 74 per cent reduction in greenhouse gas emissions by 2050, whilst also stimulating economic growth. Besides the positive economic, social and environmental advantages, the benefits from resource efficiency could be technical, monetary, aesthetic, cultural, et al.
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