Definition of Natural capital
The world’s stock of natural assets and ecosystems includes soil, geology, water, air, and all living things are defined as natural capital. The purpose of this term is to harvest the flow of valuable ecosystem goods and services in the near future. Natural capital alleged as the extension from the economic point of view of capital regarding goods and services.
Natural Capitalism: The Next Industrial Revolution By Paul Hawken, Amory B. Lovins, L. Hunter Lovins (published by Routledge, 2013)
Investing in Natural Capital: The Ecological Economics Approach To Sustainability Edited by A.-M. Jansson (published by Island Press, 1994)
Natural capital is everywhere in our life, and the most obvious one is the food we eat, the water we drink and plants or plants extract that we utilize for fuel, building materials and medicines. There are billions of tones of carbon stored by peatlands or pollination of crops by insects are recognized as less visible cultural ecosystem services.
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