Utilizing Technology for Sustainable Resource Management Solutions

Author:

Yomboi Jonas1ORCID,Mohammed Majeed2ORCID,Nangpiire Clement3ORCID,Nkayi Kwasi4,Gyau Evans Kelvin5,Manu Victoria5

Affiliation:

1. St. John's Integrated SHS, Ghana

2. Tamale Technical University, Ghana

3. SDD University of Business and Integrated Development Studies, Ghana

4. Tamale Teaching Hospital, Ghana

5. Sunyani Technical University, Ghana

Abstract

This review examines technological, economic, and financial aspects of sustainable resource management. It explores historical development, contemporary technology, economic effects, cost-benefit analyses, market dynamics, and sustainable behaviour incentives. The research also examines economic models of government economic sustainability initiatives. Investment choices, risk assessment, and finance sources for sustainable resource management are reviewed. Field applications of IoT, AI, and machine learning are also covered. It discusses ethics, socioeconomics, and adoption issues. The study found that IoT, AI, blockchain, and robots enable resource management monitoring and optimisation. However, financial, ethical, and social issues persist. Integrating economic and financial views promotes collaborative, inclusive, and internationally coordinated initiatives, according to the research.

Publisher

IGI Global

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