What are examples of natural capital?

Examples of natural capital include: minerals; water; waste assimilation; carbon dioxide absorption; arable land; habitat; fossil fuels; erosion control; recreation; visual amenity; biodiversity; temperature regulation and oxygen. Natural capital has financial value as the use of natural capital drives many businesses.

What is a natural capital approach?

A natural capital approach to policy and decision making considers the value of the natural environment for people and the economy. Enabling a Natural Capital Approach ( ENCA ) resources are data, guidance and tools to help you understand natural capital and know how to take it into account.

What are the three types of natural capital?

Natural capital is generally considered to comprise three principal categories: natural resource stocks, land and ecosystems. 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.

What are the 4 categories of ecosystem services?

Four Types of Ecosystem Services

  • Provisioning Services. When people are asked to identify a service provided by nature, most think of food. Fruits, vegetables, trees, fish, and livestock are available to us as direct products of ecosystems.
  • Regulating Services.
  • Cultural Services.
  • Supporting Services.

What are the two components of natural capital?

Abiotic natural capital comprises subsoil assets (e.g. fossil fuels, minerals, metals) and abiotic flows (e.g. wind and solar energy). Biotic natural capital or ecosystem capital consists of ecosystems, which deliver a wide range of valuable services that are essential for human well-being.

What are some of the key elements of natural capital?

Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things. It is from this Natural Capital that humans derive a wide range of services, often called ecosystem services, which make human life possible.

What are the key components of natural capital?

Natural capital comprises two major components: Abiotic natural capital comprises subsoil assets (e.g. fossil fuels, minerals, metals) and abiotic flows (e.g. wind and solar energy).

What is the difference between natural resources and natural capital?

Natural resources are things that come from nature and are unchanged by human hands. Examples of natural resources are water, air, trees, minerals, and animals. Capital resources are man-made tools and equipment used to produce a product.

What are the 4 major ecosystem processes?

A brief introduction to the basic ecosystem processes: water cycle, mineral cycle, solar energy flow, and community dynamics (succession). Monitoring these 4 processes tells you whether landscape health is improving or deteriorating, long before damage or improvement become obvious.

What is natural capital assessment?

Natural capital assessment is the process of valuing impacts and dependencies upon natural capital in order to better integrate natural capital into decision-making and so improve natural capital management.

What 2 components make up natural capital?