BROWSE

Natural Capital

Definition

Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free goods and services, often called ecosystem services. Two of these underpin our economy and society and make human life possible.

What is 'Natural Capital '

A reference to the stock of natural resources, such as water and oil. Unlike other forms of equity (such as machines and buildings), which can be created on a regular basis, many natural resources are nonrenewable. Natural capital includes many resources that humans and other animals depend on to live and function, which leads to a dilemma between depleting and preserving those resources.

Explaining 'Natural Capital '

In economics, depletion of natural resources is a consequence that needs to be accounted for when looking at a company's effect on total welfare. A company might be making big profits, but if it is doing a lot of damage to the natural capital of an economy, it may actually have a negative effect on total welfare.


Further Reading


Natural capital and the economics of environment and development
books.google.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Natural capital and ecosystem services informing decisions: From promise to practiceNatural capital and ecosystem services informing decisions: From promise to practice
www.pnas.org [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Wealth, natural capital, and sustainable development: contrasting examples from Botswana and NamibiaWealth, natural capital, and sustainable development: contrasting examples from Botswana and Namibia
link.springer.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Valuing nature: From environmental impacts to natural capitalValuing nature: From environmental impacts to natural capital
www.sciencedirect.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Natural capital, subjective well-being, and the new welfare economics of sustainability: Some evidence from cross-country regressionsNatural capital, subjective well-being, and the new welfare economics of sustainability: Some evidence from cross-country regressions
www.sciencedirect.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Natural resources, capital accumulation and the resource curseNatural resources, capital accumulation and the resource curse
www.sciencedirect.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Frontier issues in ecological economicsFrontier issues in ecological economics
ideas.repec.org [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

The ecosystem services framework and natural capital conservationThe ecosystem services framework and natural capital conservation
link.springer.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …

Ecological restoration: A new frontier for nature conservation and economicsEcological restoration: A new frontier for nature conservation and economics
www.sciencedirect.com [PDF]
… Economy, University of Alberta, Edmonton, Alberta, Canada T6G 2H1 Edward B. Barbier—Department of Economics and Finance, University of … University of British Columbia, Vancouver, BC, Canada Marc Conte—Department of Biology and Natural Capital Project, Woods …


Leave a Reply

Your email address will not be published. Required fields are marked *