Shared natural resources are environmental assets such as water bodies (rivers/lakes), forests, minerals, or fisheries that are used by multiple nations. These resources do not respect political boundaries and require cooperation among nations for sustainable management.
Related terms
Transboundary water management: The cooperative management of rivers, lakes, or groundwater that cross national boundaries.
Common-pool resources: Resources accessible to multiple users but with the risk of depletion if not managed sustainably (e.g., fish stocks in international waters).
Extractive industries: Industries involved in extracting natural resources from the earth, such as mining or oil drilling.