Groundwater is best described as an open-access good: as a common pool resource others cannot be excluded from using and as a finite resource, its consumption leaves less for others to enjoy. In addition to its obvious benefits to humans and animals, it contributes in sustaining the hydro-environment and life on the planet. Scarcity causes groundwater to become an economic good and have an economic value. How we obtain Total Economic Value of springs that have spiritual aspect to certain communities?
Best Regards,
Amrita
Thank you in advance, your question is interesting, Earth and Water and the natural resources in it are a gift from God, so they must be fully utilized for the prosperity of the people, and the state must share and monitor them fairly.
As you say, groundwater is one of those "ownerless resources" that is exploited typically without protection. These are the sorts of resources that the powerful utilize to the detriment of the powerless. Hence, the widow and the orphan are the first to feel the impact of environmental irresponsibility. I speak of this reality in my book The Stewards of Eden: What the Scripture Says About Environmentalism and Why it Matters (IVP 2020)--the reality of this imbalance in modern and ancient economies and the scriptural call to the people of God to care.
It is related to the extent of the importance of the place concerned with the spiritual aspect and the number of visitors to it. If it is feasible, the place must be developed from the infrastructure side and the creation of methods to attract visitors in a way that returns the material return feasible to the level of spending.
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