Using natural resource models

Modelling raw materials reserves

Description

Using natural resource models involves applying systematic frameworks and simulations to assess, predict, and manage the use and conservation of natural resources. This strategy enables decision-makers to identify sustainable extraction rates, anticipate environmental impacts, and optimize resource allocation. By providing evidence-based insights, these models help prevent resource depletion, mitigate ecological damage, and support long-term planning, thereby addressing challenges such as overexploitation, habitat loss, and resource scarcity.

Implementation

Many of the world's fisheries are managed with information from mathematic models that include elements of economics, fish population biology, parameter estimation, and occasionally even the behaviour of fishes.