Natural capital: Difference between revisions
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Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things. | Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things. | ||
Examples include global forests and their role in controlling greenhouse gases, insects as pollinators, water resources and the ecosystems of the planet. | Examples include global forests and their role in controlling greenhouse gases, insects as pollinators, water resources and the ecosystems of the planet. | ||
Just as companies need financial capital to support their business so too does the world need natural capital to support human life. | Just as companies need financial capital to support their business so too does the world need natural capital to support human life. | ||
Poor management can result in depletion of financial capital and likewise natural capital needs to be managed and valued. | Poor management can result in depletion of financial capital and likewise natural capital needs to be managed and valued. | ||
Putting an economic value on natural capital and accounting for its use or renewal are behind the concepts of sustainability accounting or integrated accounting. | Putting an economic value on natural capital and accounting for its use or renewal are behind the concepts of sustainability accounting or integrated accounting. | ||
Natural capital is also known as natural resources. | |||
==See also== | ==See also== | ||
* [[Biodiversity]] | |||
* [[BS 8632]] | |||
* [[Capital]] | |||
* [[Ecosystem services]] | |||
* [[Environmental concerns]] | |||
* [[Environmental profit and loss]] | |||
* [[Financial capital]] | |||
* [[Human capital]] | |||
* [[Intellectual capital]] | |||
* [[Manufactured capital]] | |||
* [[Natural]] | |||
* [[Natural asset]] | |||
* [[Natural capital accounting]] | |||
* [[Natural Capital Coalition]] | |||
* [[Natural Capital Committee]] | |||
* [[Natural Capital Protocol]] | |||
* [[Nature Action 100]] | |||
* [[Nature loss]] | |||
* [[Nature performance bond]] | |||
* [[Nature positive]] | |||
* [[Nature-related risk]] | |||
* [[Nature transition]] | |||
* [[Policy risk]] | |||
* [[Produced capital]] | |||
* [[Regulation]] | |||
* [[Relationship capital]] | |||
* [[Resilience]] | |||
* [[Risk management]] | |||
* [[SHE]] | |||
* [[Social capital]] | |||
* [[Sustainability]] | * [[Sustainability]] | ||
* [[Sustainability Accounting Standards Board]] | |||
* [[Sustainability bond]] | * [[Sustainability bond]] | ||
* [[Sustainable Development Goals]] | |||
* [[System of Environmental-Economic Accounting]] | |||
* [[Task Force on Nature-related Financial Disclosures]] | |||
* [[Treasury]] | |||
* [[World Forum on Natural Capital]] | |||
* [[World Wide Fund for Nature]] | |||
[[Category:Manage_risks]] | |||
[[Category:The_business_context]] | |||
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Latest revision as of 00:26, 6 November 2024
Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things.
Examples include global forests and their role in controlling greenhouse gases, insects as pollinators, water resources and the ecosystems of the planet.
Just as companies need financial capital to support their business so too does the world need natural capital to support human life.
Poor management can result in depletion of financial capital and likewise natural capital needs to be managed and valued.
Putting an economic value on natural capital and accounting for its use or renewal are behind the concepts of sustainability accounting or integrated accounting.
Natural capital is also known as natural resources.
See also
- Biodiversity
- BS 8632
- Capital
- Ecosystem services
- Environmental concerns
- Environmental profit and loss
- Financial capital
- Human capital
- Intellectual capital
- Manufactured capital
- Natural
- Natural asset
- Natural capital accounting
- Natural Capital Coalition
- Natural Capital Committee
- Natural Capital Protocol
- Nature Action 100
- Nature loss
- Nature performance bond
- Nature positive
- Nature-related risk
- Nature transition
- Policy risk
- Produced capital
- Regulation
- Relationship capital
- Resilience
- Risk management
- SHE
- Social capital
- Sustainability
- Sustainability Accounting Standards Board
- Sustainability bond
- Sustainable Development Goals
- System of Environmental-Economic Accounting
- Task Force on Nature-related Financial Disclosures
- Treasury
- World Forum on Natural Capital
- World Wide Fund for Nature
