Natural Capital Definition. Plants animals air water soils minerals that combine to yield a flow of benefits to people. The collection of natural resources of a region together with its ecosystem services viewed broadly in terms of overall economic value.
Natural capital is the environmental stock or resources of earth that provide goods flows and ecological services required to support life. Natural capital are natural assets in their role of providing natural resource inputs and environmental services for economic production. Natural capital is generally considered to comprise three principal categories.
Plants animals air water soils minerals that combine to yield a flow of benefits to people.
Natural capital is the world s stock of natural resources which includes geology soils air water and all living organisms. Some natural capital assets provide people with free goods and services often called ecosystem services. All are considered essential to the long term sustainability of development for their provision of functions to the economy as well as to mankind outside the economy and other living beings. Damage to natural capital is often not considered by economic systems such that damaging the environment is often free of financial costs.
