This document discusses various methods for valuing renewable natural resources. It begins by defining renewable and non-renewable resources. It then explains that valuing natural resources is complex due to public goods aspects. Methods are grouped as direct and indirect. Indirect methods include travel cost and hedonic pricing, using actual choices to model preferences. Direct methods like contingent valuation directly ask about willingness to pay. Specific valuation methods are then outlined for different renewable resources like land, water, forests and grazing lands. The document concludes with references.