Natural Capital
Gurudas Nulkar ()
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Gurudas Nulkar: Gokhale Institute of Politics and Economics
Chapter Chapter 1 in The Intersection of Economics and Ecology, 2024, pp 1-81 from Springer
Abstract:
Abstract Natural resources are the foundation of the human economy. Every product or service produced in the economy and sold in the marketplace consumes natural resources. Land, fossil fuel, minerals, water, gases, timber, plant extracts and resins, and organisms are converted into goods and services and in this process financial capital is created in the marketplace. Resources provided by nature thus form the natural capital that the economy feeds upon.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-6893-0_1
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DOI: 10.1007/978-981-99-6893-0_1
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