natural capital Articles

  • How important is natural capital in terms of sustaining real output? Revisiting the natural capital/human-made capital substitutability debate

    This paper revisits the natural capital/human-made capital substitutability debate by putting forward a production function incorporating the first and second laws of thermodynamics. Use of this alternative production function shows that, where relevant, the elasticity of substitution between natural capital and human-made capital is less than one. Moreover, as attempts are made to increase the ...


    By Inderscience Publishers

  • What Is Natural Capital, Anyway?

    Wikipedia defines natural capital as “the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future” — a definition that’s begging to be translated into plain English. In this easy-to-comprehend, and at times hilarious, video from the ...


    By Ensia

  • Managing natural capital at a NZ University: toward a comprehensive accountability model

    The objective of this paper was to use a modified Jones (1996) natural capital inventory model to construct a baseline inventory of species, as well as the number of individual specimens against which future increases and decreases in the fern inventory of NZ University can be measured. By comparing historical records to the fern inventory, the paper provides some preliminary views on the ...


    By Inderscience Publishers

  • Green productivity: clarifying terminology and concepts

    Employing and adjusting conventional productivity measures to represent the (mis)use of natural capital in production processes has recently generated increased interest. However, the literature relating to natural capital and productivity is highly fragmented, at times uses different definitions and misleading terms, and lacks conceptual unity. This not only leads to duplication and ...


    By Inderscience Publishers

  • Microfinance, social capital and natural resource management systems: conceptual issues and empirical evidences

    This paper attempts to trace the causes and consequences of natural resources' degradation as stated from various reviews. The paper also attempts to link poverty, environmental degradation and conceptual issues involved in recovery of natural resources through building social capital. This is a review of various papers on microfinance programmes undertaken in natural resource management ...


    By Inderscience Publishers

  • Ecological Footprint forecasting and estimating using neural networks and DEA

    There is a growing consensus that social and economic sustainability depends on limited natural capital. Ecological Footprint (EF) provides an alternative tool to account for natural capital. This study presents two models to research Wuhan's natural capital: first using Genetic Algorithm Neural Networks (GANN) model to forecast the EF; second, employing the DEA model to estimate the ecosystem ...


    By Inderscience Publishers

  • On the definition of the natural capital of soils: A framework for description, evaluation, and monitoring

    The unknown consequences and potential impacts of mankind's ability to destroy, alter, or manipulate ecosystems on a vast scale drives our need to better understand the earth system. A fundamental challenge for soil science in the 21st century is to understand the role of soil processes in relation to the function of the earth system. The rationale for developing a definition of soil natural ...

  • The New Water Paradigm, human capabilities and strong sustainability

    The ethical power of the New Water Paradigm (NWP) is assessed using a capabilities approach and theory of strong sustainability. The concepts of strong vs. weak sustainability, natural capital, and ecosystem services are explained, and the Old Water Paradigm (OWP) is contrasted with ecological claims at the core of the NWP. The analysis suggests that the NWP should enhance the capacity of ...


    By Inderscience Publishers

  • The Natural Capital Opportunity

    Trucost’s research for the TEEB for Business Coalition, Natural Capital at Risk, estimates the environmental externalities of business are costing the global economy around $7.3 trillion a year, equivalent to China's GDP in 2011. The report Natural Capital at ...


    By Trucost Plc

  • Fairness in the face of conflict: dividing environmental assets and obligations

    The growing scarcity of natural capital fuels disputes over borders and use rights. Global industrialisation increases the creation of toxic waste while environmental consciousness intensifies the calls for abatement. Litigation is a costly cure. In the United States of America, expenditures on Superfund litigation have exceeded $10 billion. Remedies for excessive legal costs include ...


    By Inderscience Publishers

  • Soil resource efficiency in urbanised areas - analytical framework and implications for governance

    Soil is a limited and non-renewable resource — implying that its supply is limited — of which a lot of functional demands are made. As well as the use of the soil resource for growing food, which has been done for millennia, the many and diverse services that can be derived from it are in particularly high demand in urbanised spaces, as these areas are where economic development and ...

  • Conditional sustainability

    This paper presents the methodology and findings of a research effort designed to improve understanding regarding the relationship between economy and environment. The more that economic activity and development become uncoupled from physical throughput of natural capital, the greater the possibility for sustainability of both the economic and natural systems. While gains in energy efficiency, ...


    By Inderscience Publishers

  • Investment in natural capital for risk reduction – an opportunity not a cost

    Wetlands International South Asia - At the session on ‘Economic aspects of Disaster Risk Reduction’at the World Conference on Disaster Risk Reduction (WCDRR) in Sendai on 16 March, the JICA Vice President, Mr. Kiyushi Kodera indicated that over 85% of ODI related to Disaster Risk Reduction (DRR) was still ex-post, for relief and reconstruction. This is taking place despite the proven ...


    By Wetlands International

  • iNatural Capital

    Anyone who stumbled into the packed room could be forgiven for thinking that a new iGismo was about to be launched. There was a palpable buzz at this week's Policy Exchange event on securing the value of nature. Professor Dieter Helm, Chair of the UK Government's Natural Capital Committee, said that biodiversity is ...


    By Trucost Plc

  • Driving sustainable investment decision making

    We help investors understand the economic consequences of natural capital dependency in order to identify risk and opportunity from growing natural resource pressures and increasing environmental regulation Natural capital liabilities such as carbon, water, resource dependency, pollutants and waste are threatening the ability of our natural ecosystems to deliver economic growth. The impact is ...


    By Trucost Plc

  • The need for 'convention' in environmental valuation

    The rate of growth or decline in Gross Domestic Product (GDP) is reported quarterly in New Zealand and regarded as the paramount measure of how the nation is faring. However, the welfare of New Zealanders is determined by more than economic factors and the non-economic portion is not taken into account when only GDP, which measures monetary exchanges in the market place, is used as a gauge. ...


    By Inderscience Publishers

  • How much progress has been recently made in India? Finding out with the use of a Genuine Progress Indicator

    Gross Domestic Product (GDP) is an economic indicator that fails to fully account for the major benefits and costs of economic activity. As a consequence, it is an inadequate indicator of sustainable economic welfare. To overcome the deficiencies of GDP, a Genuine Progress Indicator (GPI) was devised in the 1990s. The GPI has since undergone significant modification and improvement. Calculation ...


    By Inderscience Publishers

  • Exergy cost of mineral resources

    Mineral deposits are considered as natural capital whose value can be assessed in exergy terms. Historical industry experience provides evidence that exploitation of mineral deposits and the beneficiation of ores are essentially energy intensive. The persisting decline of the grade of the developed deposits demands increasing exergy replacement and processing costs. The results demonstrate how ...


    By Inderscience Publishers

  • Investing in sustainable development: the reproduction of manmade, human, natural and social capital

    Sustainability as described in Agenda 21 is characterised by a complex system of interacting targets in four dimensions social, environmental, economic and institutional. This four-dimensional approach is illustrated with a new communicative tool based on a spherical structure, the "prism of sustainability". In the economic debate, these dimensions of sustainability are well known; they ...


    By Inderscience Publishers

  • EU Overseas entities and their natural capital

    Scattered worldwide, the European Union (EU) overseas entities (comprising Outermost Regions (ORs) and Overseas Countries and Territories (OCTs)) are home to an outstanding diversity of species, ecosystems and landscapes. These 34 regions and territories host around 70 % of Europe’s species and are recognised as having biodiversity of global significance. This ‘natural capital’1 ...

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