Accounting Stocks and Flows of Natural Capital

Gurudas Nulkar ()
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Gurudas Nulkar: Gokhale Institute of Politics and Economics

Chapter Chapter 8 in The Economics of Sustainable Development, 2024, pp 303-350 from Springer

Abstract: Abstract Natural capital is the foundation of the human economy. Everything that is made, served or sold in markets consumes natural resources. Fossil fuel, land, water, gases, minerals, each of these are supplied by nature, and form the ‘Natural Capital’. The human economy is the system of production, distribution, and consumption of goods that are made from this natural capital. The marketplace converts the manufactured goods and services into money.

Date: 2024
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DOI: 10.1007/978-981-99-7379-8_8

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