Natural capital refers to a community’s environmental resources, such as air, water, land, forests, vegetation, minerals, fossil fuels, local animal populations, and all other natural resources. These resources can be considered capital assets because of the potential goods and services derived from them, such as food, drinking water, timber, and natural beauty. Natural capital is also the foundation on which all other capital is based, as it supplies the basic materials for nurturing life, building infrastructure, and influencing local culture.
Status and Revision History
Published on Jan 14, 2022