7 Dec 2022

114

The Importance of Natural Resources

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Academic level: University

Paper type: Coursework

Words: 343

Pages: 1

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Natural resources are considered a significant aspect of a country’s economy. Examples of natural resources that are readily available on our planet include oil, sunlight, wood, coal, water, and land ( Goudie, 2018).  China remains the largest developing nation globally despite its rapidly improving economy. It has massive natural resources and thus comprises of adequate to abundant supplies of almost other industrial minerals. It is the major producer of coal, the world’s largest producer of gold, zinc, steel, natural graphite, rare earth, aluminum, barite, and the third largest producer of iron ore. Other major minerals in China include coals, tin, natural gas, manganese, lead, diamonds, molybdenum, magnetite, mercury, crude, and petroleum. Economic growth and environmental sustainability are interdependent. Economic growth depends on the Earth’s natural resources. However, the unsustainable use of these natural resources could have an adverse impact on the future. China being the major producer of industrial materials, emits large amounts of pollutants into the air and threatens the delicate climate on which our life depends. China is ranked the biggest emitter of air pollution and carbon emissions worldwide ( Jiqa & Tomasic, 2017).  The unlimited utilization of natural resources such as coal and iron ore as well as the excessive industrial processing of these resources has resulted in global climate change. These counterbalancing forces affect the base on which the economic growth is developed and if it is not addressed over the long term, it would affect negatively the society, environment, and economy ( Smil, 2016). Therefore, this calls for the urgent need to address the problem in order to minimize the effects of global climate change. The goals of economic growth and environmental sustainability in China are to minimize air pollution and the effect it has on global climate change. The adaptive strategies that I will implement as ruler representing China to address accelerated global climate change include incremental adaptation. This refers to the application of additional measures and resources needed to address the new risks emerging. The current facilities have proved to be inadequate in addressing the increasing frequency and intensity of the risks of climate change (Jiahua et al., 2017). Therefore, this necessitates additional investment, which is crucial in addressing the newly added climate risks. 

References  

Goudie, A. S. (2018).  Human impact on the natural environment . John Wiley & Sons. 

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Jia, X., & Tomasic, R. (Eds.). (2017).  Resource Security and Governance: Globalisation and China’s Natural Resources Companies . Routledge. 

Jiahua, Pan et al. (2017). Adaptation Approaches to Climate Change in China. Retrieved from: http://ageconsearch.umn.edu/bitstream/117619/2/11_1_05_Jiahua.pdf 

Smil, V. (2016).  China's Environmental Crisis: An Enquiry into the Limits of National Development: An Enquiry into the Limits of National Development . Routledge. 

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StudyBounty. (2023, September 14). The Importance of Natural Resources.
https://studybounty.com/the-importance-of-natural-resources-coursework

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