Eco&Finance Essay

There were lots of environmental resources at hand that will economic maturity. Protected areas in a specific realm are essential and could be a great source of fundamental strategy in order to achieve proliferation in the system. In accordance to this, there were several contributions for the said matter, some of them would be beneficial to take into account and others may not – it practically depends on how an individual perceived it and how would be able to contribute in a certain territory. It has been said that there were tons of means in order to generate funds for protected areas. It is beneficial that there are consistent adherent for a certain project to be able to maintain the productivity and efficiency of the protected areas. Considering government funding to generate income, through this, those in authority has allotted budget for the nourishment of the areas. Private sector funding also contributes to the increasing support for the said areas, which in turn will brought additional incentives for the land. Lockwoods, Worboys and Kothari (2006) exemplifies that â€Å"a growing number of business sectors are seeing opportunities in partnmership with protected areas and with the communities who surround them† (p. 332). Another imperative provider of the protected areas are the foundations and individual donors who identify such as beneficial not only for the community but also to the people. It was ellicidated that there are lots of benefits on investing in protected areas. Lockwoods, Worboys and Kothari (2006) connotes that â€Å"demand for the benefits afforded by protected areas is likely to continue to rise particularly with respect to recreation demand such as resource demand, enhanced information availability about the attraction of protected areas, etc. † (p. 340). As we maintain the stability of this matter, in return the investment that we make will proliferate. It is important to note also on how an individual will benefit and what particular privileges a person could get in maintaining their protected areas. It has been said that somehow, there were discrimination that occurs. Lockwoods, Worboys and Kothari (2006) said that â€Å"there must be clear definition of revenue-raising objectives and charges must be presented as a fee for services provided not a fee for entry or access rights† (p. 348). To wrap it all, it has been epitomized that in one way or the other, it is beneficial to consider the capabilities of protected areas considering how it will contribute to the growth and stability of a certain place. Lockwoods, Worboys and Kothari (2006) explains that â€Å"economic valuation techniques are directed towards estimating the impacts that in particular protected area or policy proposal has on economic welfare as well as to assess the contribution that protected areas makes to an economy† (p. 354). Parallel to this, contributions from different sectors should always be on top priority since it has a huge impact for the development and maintenance of the matter and which will stabilize the economy.