Conservation Economics

Conservation Economics is a field within Environmental Economics that focuses on the optimal use of natural resources to ensure their sustainability while balancing economic growth. It studies the trade-offs between preserving ecosystems and exploiting them for development. By evaluating the costs and benefits of conservation efforts, it aims to find effective ways to protect biodiversity and natural habitats while considering human needs and economic activities. This discipline helps policymakers make informed decisions that support both environmental health and economic stability.