Natural capital: Difference between revisions
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Remove broken link.) |
||
| Line 39: | Line 39: | ||
* [[System of Environmental-Economic Accounting]] | * [[System of Environmental-Economic Accounting]] | ||
* [[World Forum on Natural Capital]] | * [[World Forum on Natural Capital]] | ||
[[Category:Ethics]] | [[Category:Ethics]] | ||
Revision as of 10:49, 29 March 2023
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
- Produced capital
- Relationship capital
- Social capital
- Sustainability
- Sustainability bond
- SHE
- System of Environmental-Economic Accounting
- World Forum on Natural Capital
