Natural Resources

Natural resources

are the raw materials and sources of energy used and consumed by society.

Natural Capital

is the stock of natural resources available on Earth.

Natural Capital provides

natural income in terms of goods and services.

What do the phrases natural capital/income imply

that the earth's environment functions like a financial system, where nature is the principal asset generating sustainable goods and services

Life-supporting ecosystem services

• water replenishment

• flood/erosion protection

• pollution mitigation

• carbon sequestration

Renewable resources

can be regenerated and/or replaced as fast as they are being used, either through natural growth or reproduction

Natural Capital has _____ value

• aesthetic

• cultural

• environmental

• intrinsic

• social

• spiritual

(The value of Natural Capital is influenced by these factors)

the value of natural capital

is dynamic in that it can change over time.

Factors affecting the value of Natural Capital

• Supply/Demand

• Public perception and health concerns

• Heritage and traditions