Natural Capital
From Open Risk Manual
Revision as of 15:58, 22 May 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Natural Capital'''. The stock of renewable and non-renewable natural assets (e.g. ecosystems) that yield a flow of benefits to people (i.e. ecosystem servi...")
Definition
Natural Capital. The stock of renewable and non-renewable natural assets (e.g. ecosystems) that yield a flow of benefits to people (i.e. ecosystem services). The term 'natural capital' is used to emphasise it is a capital asset, like produced capital (roads and buildings) and human capital (knowledge and skills).