Studying the valuation of environmental and natural resources

Abstract

   Environment and natural resources play an important role in our lives. However, it has a big problemin exploiting and managing of natural resources, as well as the considering awareness of people thatnatural resources can be used mostly for free. Therefore, it is needed to evaluate the environmental andnatural resources values in monetary terms based on economic tools. This information is very useful forexploiting, managing and protecting sustainable natural resources. Thus, this paper tries to reviewliteratures on valuation methods that aimed at quantifying natural resource values in monetary terms,as well as applications in practical.