Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Land Rehabilitation

What it is:

Land rehabilitation is the practice of returning a piece of land to the natural state it was in prior to human interference or damage from natural disasters.

How it works (Example):

Land rehabilitation reclaims the natural state of a piece of land by removing buildings and other artificial structures, cleaning up and disposing of nonessential material and toxic chemicals and reintroducing vegetation once the soil has been nutrient fortified. This process is also carried out for areas affected by hurricanes, floods, earthquakes and other natural calamities regardless of prior human intervention.

Why it Matters:

The costs associated with land rehabilitation can be similar to the costs of a development project, particularly where toxic cleanup applies. In spite of the costs, land rehabilitation has become increasingly common as a result of heightened environmental awareness that began in the 1960s.