Natural Capital

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Natural capital is the world's stocks of natural assets. This includes geology, soil, air, water and all living things. The economy derives a wide range of services from natural capital, sometimes called ecosystem services.

Ecosystems thus present crucial opportunities in terms of marrying economic growth and environmental conservation. Numerous initiatives, including The Economics of Ecosystems and Biodiversity (TEEB) and Wealth Accounting and the Valuation of Ecosystem Services (WAVES), seek to help policy makers and practitioners incorporate the “living fabric” into development planning, accounting and decision-making.

Relevance to SDGs

Sustainable Development Goal (SDG) 15 covers loss of natural capital. In particular, goal 15.5 covers halting the loss of natural capital and 15.9 emphasizes the integration of natural capital values into national and local planning, development processes, poverty reduction strategies and accounts.

Explore green growth resources related to SDG 15:

SDG 15.5
    Conservation    
   SDG 15.9
National Planning

Case Studies

Learning Products

Smart Prosperity Institute (SPI), World Wide Fund for Nature (WWF), Metcalf Foundation, Nature Conservancy of Canada, Nature United, Ducks Unlimited, Canadian Parks and Wilderness Society (CPWAS)
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Projects

Natural Capital Coalition (NCC), UN Environment World Conservation Monitoring Centre (UNEP-WCMC)
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Green Growth National Documents

National Water Agency for Brazil (ANA), Brazilian Institute of Geography and Statistics, Secretariat of Water Resources and Environmental Quality Brasília
Wealth Accounting and the Valuation of Ecosystem Services (WAVES)