Natural Capital
Term · Environment · MLC-T-ENV-018235
1. An extension of the economic concept of capital (manufactured means of production) to ecosystem goods and services. Natural capital is thus the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future.
2. An extension of the economic concept of physical capital -- produced assets such as buildings, machinery, and equipment that are used in the production of economic goods and services -- to ecosystem goods and services. Natural capital is the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future.
| Identifier | MLC-T-ENV-018235 |
|---|---|
| Field | Environment |
| Subject | Ecosystems |
| References | Core Ecosystem Services Research Program Standard Lexicon; National Ecosystem Classification System (NESCS) Plus Glossary |
Record as JSON
{
"id": "MLC-T-ENV-018235",
"term": "Natural Capital",
"field": "Environment",
"definition": "1. An extension of the economic concept of capital (manufactured means of production) to ecosystem goods and services. Natural capital is thus the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future.\n\n2. An extension of the economic concept of physical capital -- produced assets such as buildings, machinery, and equipment that are used in the production of economic goods and services -- to ecosystem goods and services. Natural capital is the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future.",
"subject": "Ecosystems",
"references": [
"Core Ecosystem Services Research Program Standard Lexicon",
"National Ecosystem Classification System (NESCS) Plus Glossary"
],
"url": "https://mlchart.com/terminology/environment/natural-capital/"
}
Record 18,235 of 30,736 in Environment terminology (MLC-0121). Request the full dataset.