Resource extraction policies

Resource extraction policies are guidelines and regulations that govern the way natural resources—like minerals, oil, gas, and forests—are developed and used. They aim to balance economic benefit with environmental protection and social responsibility. These policies determine who can access these resources, under what conditions, and how the benefits are shared. They also set standards for sustainable practices to minimize environmental harm and ensure resources are available for future generations. Effective policies promote responsible extraction, protect ecosystems, and support local communities while fostering economic growth.