Investing in Natural Capital and Getting Returns: An Ecosystem Service Approach
Marjan van den Belt and
Daniella Blake
Business Strategy and the Environment, 2015, vol. 24, issue 7, 667-677
Abstract:
The dependence of people and economies on natural capital is still undervalued. One reason is that values related to our global life support system are largely outside the market place, beyond the notion of price and often invisible. An ecosystem service approach aims to make visible the ensuing benefits people derive from natural capital at multiple scales, traversing private and public domains. Plural objectives require a broader notion of return on investment (ROI). This paper discusses characteristics of and a changing context in which ROI is used to invest in natural capital and highlights key aspects to achieve ROI on natural capital through an ecosystem service approach: space, time and values. This conceptual paper uses agro‐ecosystems as an example to illustrate this approach from farm to catchment scale. Copyright © 2015 John Wiley & Sons, Ltd and ERP Environment
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)
Downloads: (external link)
https://doi.org/10.1002/bse.1895
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:bstrat:v:24:y:2015:i:7:p:667-677
Ordering information: This journal article can be ordered from
http://onlinelibrary ... 1002/(ISSN)1099-0836
Access Statistics for this article
Business Strategy and the Environment is currently edited by Richard Welford
More articles in Business Strategy and the Environment from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().