Non-extractive economic value

Okay kiddo, let me explain to you what non-extractive economic value means. You know how sometimes people make money by taking things out of nature like cutting down trees or mining for minerals? Well, non-extractive economic value means making money without taking something out of nature.

Let's say there is a beautiful park in your city, and people love to go there to take walks, have picnics, and just enjoy the scenery. The park itself isn't getting chopped down or used up like the trees or minerals, but it still provides value to people who use it. That value, in turn, can lead to economic benefits like people spending money at nearby shops and restaurants.

Another example is ecotourism, which promotes visiting and appreciating natural environments like forests, oceans, and mountains while protecting them. People who go on ecotourism trips are getting a benefit from the environment without harming it, and the places they visit can get economic benefits from their presence.

So, non-extractive economic value means finding ways to make money without hurting or taking away from nature. It's a way of valuing the benefits that natural environments give us beyond just their material resources, and finding ways to appreciate and protect them so that they can keep benefiting us in the future.