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Natural Capital FAQs
WHAT IS NATURAL CAPITAL?
Natural capital is an economic metaphor for nature; a concept that frames the world's resources like plants, animals, water, and minerals as assets or stocks that yield a flow of benefits to people.
WHAT IS THE NATURAL CAPITAL APPROACH?
The Natural Capital Approach involves measuring and valuing natural capital assets. Values can be expressed in many different ways, including in qualitative, biophysical and monetary terms. Values can help reveal how natural capital is delivering important benefits to society and the economy. These natural capital assessments can be used to support more sustainable decision-making.
WHAT IS A NATURAL CAPITAL ACCOUNTING?
Natural Capital Accounting is a system for organising information about natural capital assets and ecosystem services. The UN has a standard for this type of accounting, called the SEEA, or the System of Environmental-Economic Accounts. The aim of organising this information is to help decision-makers understand how the environment interacts with the economy.
To learn more, check our our Quick Reads and the INCASE project and watch this animation which gives an accessible explanation of the concept: