Natural capital is the extension of the economic notion of capital (manufactured means of production) to goods and services relating to the natural environment. Natural capital is thus the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future. For example, a stock of trees or fish provides a flow of new trees or fish, a flow which can be indefinitely sustainable. Natural capital may also provide services like recycling wastes or water catchment and erosion control. Since the flow of services from ecosystems requires that they function as whole systems, the structure and diversity of the system are important components of natural capital.
Read more about Natural Capital: Background
Famous quotes containing the words natural and/or capital:
“Man is, then, only disguise, falsehood, hypocrisyboth in himself and in regard to others. He does not wish any one to tell him the truth; he avoids telling it to others; and all these dispositions, so removed from justice and reason, have a natural root in his heart.”
—Blaise Pascal (16231662)
“That monstrous tuberosity of civilised life, the capital of England.”
—Thomas Carlyle (17951881)