Is the concept of ‘natural capital’ useful?

Oliver, T. H. ORCID: https://orcid.org/0000-0002-4169-7313 (2018) Is the concept of ‘natural capital’ useful? In: Anderson, V. (ed.) Debating Nature's Value:. Palgrave Macmillan, pp. 49-54. ISBN 978-3-319-99244-0 doi: 10.1007/978-3-319-99244-0_6

Abstract/Summary

With growing political momentum and a keen enthusiasm to engage business and finance in environmental management, it is useful to review the merits and pitfalls of a ‘natural capital’ approach to ensure that a sensible trajectory is being pursued. Outlined in this chapter are some recommendations for a nuanced approach to the conceptualisation of ‘natural capital’ which takes into account the benefits and potential risks.