Natural Capital

We all understand the concept of financial capital.  We pay for things we find valuable.  Natural capital is the extension of that concept to environmental goods and services.

Technically, natural capital is the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services.  The value of ecosystem services can be understood in social, cultural, ecological and  economic terms.

When talking about the value of the environment, it’s quite usual to talk in wider social and ecological terms.  What’s different about The TEEB Study is that it makes the link between nature and economic value explicit.

We all need to factor the value of nature into our decision making. Businesses need to record their use of and reliance on nature in their financial reports. Local and national governments need to integrate natural capital into their accounting.

Only when we account for natural capital will we be able to see the invisible wealth we’ve been wasting all these years.

Recent Posts

By Anand Chandrasekhar, Dec 10

Anand Chandrasekhar

Time to recognize the vital role of wetlands as water becomes a scarce resource

Wetlands are an important component of water cooperation thanks to the water-related services they provide such as maintaining water flow and supplies, regulating water quality and minimizing water-related disasters.

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General / Natural Capital / Protected Areas / water / Wetlands / Anand Chandrasekhar, 10 Dec 13

By Daniela Russi, Sep 30

Daniela Russi

A good example of community management of natural resources: the Subak system in Bali

In the last years, the functional role of the water temple network in scheduling irrigation is being increasingly recognized. The objective is to help preserve this ancient traditional agricultural practice by making visible the cultural and ecosystem services that it provides and thereby empowering Subak community members to jointly undertake a major role in the management of their sites.

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Agriculture / Community Gains / Ecosystem Services / General / Natural Capital / Personal Benefits / Protected Areas / Daniela Russi, 30 Sep 13

By Georgina Langdale, Nov 22

Georgina Langdale

TEEB course held at Yale – video highlights

Yale University and TEEB teamed up to create a course on The Economics of Ecosystems and Biodiversity. The course is designed to train students in the foundations of valuation of ecosystem services, dynamic interactions of people and ecosystems and their …

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Advice & Guidance / Community Gains / Current Account / General / Natural Capital / Georgina Langdale, 22 Nov 11

By Georgina Langdale, Nov 2

Georgina Langdale

TEEB Conference 2012, Extended Call for Papers and additional topics

It is a pleasure to announce the TEEB Conference 2012, Mainstreaming the Economics of Nature: Challenges for Science and Implementation, taking place in Leipzig, Germany, March 19-22, 2012. The Economics of Ecosystems and Biodiversity (TEEB) is a major international initiative …

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Advice & Guidance / Agriculture / Cities / Community Gains / Ecosystem Services / Forests / General / National Assets / Natural Capital / Oceans / Personal Benefits / Protected Areas / Georgina Langdale, 2 Nov 11

By Georgina Langdale, Sep 21

Georgina Langdale

Innovative Yokohama plan aims to conserve biodiversity

The city of Yokohama, the capital of Kanagawa Prefecture in Japan, has developed new tax mechanisms and participative approaches to conserve privately-owned green areas and their important biodiversity. To preserve precious green areas for its citizens, the city has introduced …

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Cities / Community Gains / Natural Capital / Georgina Langdale, 21 Sep 11

By Georgina Langdale, Jun 30

Georgina Langdale

Pavan Sukhdev receives IEEM Institute Medal

In a special ceremony at the House of Lords in London on 29 June, Pavan Sukhdev, study leader of the ground breaking study into the Economics of Ecosystems and Biodiversity (TEEB) was awarded the Institute of Ecology and Environmental management …

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About The TEEB Study / Advice & Guidance / Business Sense / Community Gains / Current Account / Ecosystem Services / General / Natural Capital / Georgina Langdale, 30 Jun 11

By Georgina Langdale, Jun 9

Georgina Langdale

Forests central to a Green Economy

Sunday 5 June was World Environment Day and UNEP launched a new report Forests in a Green Economy: A Synthesis. The report highlights the multitude of benefits that forests provide to humanity. It shows that an investment of just 0.034 …

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Business Sense / Community Gains / Current Account / Forests / General / National Assets / Natural Capital / Protected Areas / Georgina Langdale, 9 Jun 11

By Georgina Langdale, May 27

Georgina Langdale

Edward Norton speaks out for biodiversity

UN Goodwill Ambassador Edward Norton recently outlined the benefits of biodiversity in an interview to mark the International Day for Biological Diversity. “We are disrupting the natural systems of our planet in ways that will cause havoc for our way …

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Community Gains / Forests / General / Natural Capital / Georgina Langdale, 27 May 11

By Lara Barbier, Mar 22

Lara Barbier

World Water Day

March 22 is designated by the United Nations General Assembly as World Water Day which is an initiative that grew out of the 1992 United Nations Conference on Environment and Development (UNCED) in Rio de Janeiro.  The theme for 2011 …

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Business Sense / Cities / Community Gains / Current Account / Forests / National Assets / Natural Capital / Personal Benefits / Stocks & Investments / Lara Barbier, 22 Mar 11 Tagged