What Does NRD Stand For?
NRD stands for Natural Resource Damage
NRD, or Natural Resource Damage, refers to the legal and scientific processes involved in assessing and restoring natural resources that have been harmed due to hazardous substance releases or environmental incidents. This concept encompasses the evaluation of ecological impacts, the restoration of affected ecosystems, and the compensation for lost resource services. NRD aims to achieve a balance between environmental recovery and the compensation of the public for the loss of natural resources.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym