Natural Capital: Difference between revisions

The concept of natural capital, which has its theoretical origins in the environmental economics of the 1990s, has experienced increased interest following the publication of the Millennium Ecosystem Assessment and the development of the ecosystem services approach.

In recent decades we have learned more about the ways in which nature provides vital life-support functions upon which we depend for our survival. The problem we face is that natural capital has been harvested or degraded at a rate that threatens to undermine both well-being and future economic growth (UNEP, 2007). Natural capital may be transformed to other types of capital, but even manufactured capital is formed from the resources found in nature.

The growing recognition that the environment plays a fundamental role in determining global economic outputs and human well-being has led to a range of responses, one of which is the integration of the value of natural capital into policy and decision making. As a consequence, governments around the world are grappling with how to better measure the success of their economies. Work is being carried out by the World Bank, OECD, UN, EEA and others on developing methods to incorporate natural capital into national accounts.

@@ Line 4: / Line 4: @@
 '''Natural Capital'''
+: http://en.wikipedia.org/wiki/Natural_capital
+: http://en.wikipedia.org/wiki/Natural_Capitalism
 : Sustainable Development Goals (SDGs) v GDP as measurement of 'progress'
 : http://www.phys.org/news/2014-01-dethrone-gdp-national-success.html#inlRlv
 : http://www.naturalcapitaldeclaration.org/
 : http://www.naturalcapitaldeclaration.org/2012/08/global-footprint-network-supports-ncd/
 : http://www.footprintnetwork.org/en/index.php/GFN/
 : http://NaturalCapitalProject.org
-: http://www.unep.org/maweb/en/index.aspx
 : http://www.teebweb.org/
@@ Line 37: / Line 45: @@
 ○ ○ ○ ○
-http://en.wikipedia.org/wiki/Natural_capital
+: http://www.unep.org/maweb/en/index.aspx
+[http://www.unep-wcmc.org/system/dataset_file_fields/files/000/000/232/original/NCR-LR_Mixed.pdf?1406906252 '''Toward a Global Map of Natural Capital''']
+The concept of natural capital, which has its theoretical origins in the environmental economics of the 1990s, has experienced increased interest following the publication of
+the Millennium Ecosystem Assessment and the development of the ecosystem services approach.
-http://en.wikipedia.org/wiki/Natural_Capitalism
+In recent decades we have learned more about the ways in which nature provides vital life-support functions upon which we depend for our survival. The problem we face is that natural
+capital has been harvested or degraded at a rate that threatens to undermine both well-being and future economic growth (UNEP, 2007). Natural capital may be transformed to other types of capital, but even manufactured capital is formed from the resources found in nature.
-http://www.naturalcapitalproject.org/
+The growing recognition that the environment plays a fundamental role in determining global economic outputs and human well-being has led to a range of responses, one of which is the
+integration of the value of natural capital into policy and decision making. As a consequence, governments around the world are grappling with how to better measure the success of their
+economies. Work is being carried out by the World Bank, OECD, UN, EEA and others on developing methods to incorporate natural capital into national accounts.
 [[File:NaturalCapitalMap.png]]

Natural Capital: Difference between revisions

Revision as of 14:30, 15 December 2014

Natural Capital Mapping

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