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A natural resource is a renewable resource if it is replaced by natural processes at a rate comparable or faster than its rate of consumption by humans. Solar radiation, tides, winds and hydroelectricity are perpetual resources that are in no danger of a lack of long-term availability. Renewable resources may also mean commodities such as wood, paper, and leather, if harvesting is performed in a sustainable manner.

Some natural renewable resources such as geothermal power, fresh water, timber, and biomass must be carefully managed to avoid exceeding the worlds capacity to replenish them. A life cycle assessment provides a systematic means of evaluating renewability.

The term has a connotation of sustainability of the natural environment. Gasoline, coal, natural gas, diesel, and other commodities derived from fossil fuels are non-renewable. Unlike fossil fuels, a renewable resource can have a sustainable yield.
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