| Title |
Sustainable Management Of Mineral Resources In The Context Of Jsc "Latvia'S State Forests" Circular Economy |
| ID_Doc |
3412 |
| Authors |
Lazdins, A; Jankova, L; Auzina, A |
| Title |
Sustainable Management Of Mineral Resources In The Context Of Jsc "Latvia'S State Forests" Circular Economy |
| Year |
2019 |
| Published |
|
| DOI |
10.22616/ESRD.2019.014 |
| Abstract |
Sustainability of mineral resource is linked with governing the reciprocity of economic, environmental and social processes in which the economic interests need to be made compatible with the other processes. Sustainable management of mineral resources needs to be linked with the notions of ecology and circular economy in which an opinion exists that depletion of mineral resources by itself undermines economic growth and determines the need for the most efficient ways of using natural resources in business so that maintaining natural systems could support human life and welfare also in the future. JSC "LATVIA'S STATE FORESTS" manages state owned land covering the area of 1.62 million hectares, including 1.60 million hectares of forest land, out of which 1.39 million hectares are covered by forests. Since 2002, JSC "LATVIA'S STATE FORESTS" has built forest roads (FR) in the length of approximately 5.6 thous. km and as of January 2018 the total length of FR had reached 11.8 thous. km . Extraction of mineral resources and their use in building, repairing and maintaining forest roads is the company's investment in the future, as well as it makes easier the management and monitoring of forest territories, output of forests, accessibility of forests and improves the forest landscape. The research problem addresses the question whether the use of mineral resources is linked with economic benefits, whether with the growth of the company's profit the volume of extraction of mineral resources also increases. Evaluating the comparative indicators, it can be observed that the extraction of mineral resources is not closely correlated with other economic indicators - extraction and use of resources do not impact directly on the final result of the company's operations - acquiring profit. However, in the case of JSC "LATVIA'S STATE FORESTS" the problem is related with the places where mineral resources are extracted - on average about 8 % of the mineral resources are extracted in new, partly researched deposits. Such an activity is legal, but it is not sustainable and does not correspond to the sustainable strategy of the European Union, nor the one of Latvia. |
| Author Keywords |
sustainability; mineral resources; circular economy |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH) |
| EID |
WOS:000506811100014 |
| WoS Category |
Development Studies; Economics |
| Research Area |
Development Studies; Business & Economics |
| PDF |
https://doi.org/10.22616/esrd.2019.014
|