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:
“We are frequently told that talents and genius are natural gifts; and so indeed they are, to the same extent that the productions of the garden and the field are natural gifts.”
—U. R., U.S. women’s magazine contributor. American Ladies Magazine, pp. 317-19 (June, 1829)
“Nobility is a graceful ornament to the civil order. It is the Corinthian capital of polished society.”
—Edmund Burke (1729–1797)