stock of natural capital

Synonyms

natural capital stocks

Definition

Natural capital is the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future. It is the extension of the economic notion of capital (manufactured means of production) to goods and services relating to the natural environment. 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.

Broader terms

natural capital