What are extractivies?

Answer 1

Extractivies refer to Natural Resources that are extracted from the earth, such as minerals, fossil fuels, and timber. This term often encompasses industries involved in the extraction and exploitation of these resources, including mining, oil and gas extraction, and logging. The extractive sector can have significant economic benefits but often raises concerns regarding environmental degradation, social impacts, and the sustainability of local communities. The management and regulation of extractivies are critical for balancing economic growth with ecological and social responsibilities.