A natural resource may exist as a separate entity such as freshwater, air, or any living organism such as a fish, or it may be transformed by extractivist industries into an economically useful form that must be processed to obtain the resource such as metal ores, rare-earth elements, petroleum, timber and most forms of energy.Extractive industries represent a large growing activity in many less-developed countries but the wealth generated does not always lead to sustainable and inclusive growth.People often accuse extractive industry businesses as acting only to maximize short-term value, implying that less-developed countries are vulnerable to powerful corporations.These present opportunities for international governmental agencies to engage with the private sector and host governments through revenue management and expenditure accountability, infrastructure development, employment creation, skills and enterprise development, and impacts on children, especially girls and women.[8] A strong civil society can play an important role in ensuring the effective management of natural resources.Norway can serve as a role model in this regard as it has good institutions and open and dynamic public debate with strong civil society actors that provide an effective checks and balances system for the government's management of extractive industries, such as the Extractive Industries Transparency Initiative (EITI), a global standard for the good governance of oil, gas and mineral resources.[10] In recent years, the depletion of natural resources has become a major focus of governments and organizations such as the United Nations (UN).[11] In regards to natural resources, depletion is of concern for sustainable development as it has the ability to degrade current environments[14] and the potential to impact the needs of future generations.This is seen in the cited quote given by Theodore Roosevelt, a well-known conservationist and former United States president, who was opposed to unregulated natural resource extraction.Conservation biology is the scientific study of the nature and status of Earth's biodiversity with the aim of protecting species, their habitats, and ecosystems from excessive rates of extinction.
The Carson Fall in
Mount Kinabalu
,
Malaysia
is an example of undisturbed natural resources. Waterfalls provide spring water for humans, animals and plants for survival and habitat for marine organisms. The water current can be used to turn turbines for
hydroelectric generation
.
The
ocean
is an example of a natural resource. Ocean waves can be used to generate
wave power
, a
renewable energy
source. Ocean water is important for
salt production
,
desalination
, and providing habitat for deep-water fishes. There is biodiversity of marine species in the sea where nutrient cycles are common.
Wind is a natural resource that can be used to generate electricity, as with these 5 MW wind turbines in
Thorntonbank Wind Farm
28 km (17 mi) off the coast of
Belgium
.