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dc.contributor.authorBateman, I
dc.contributor.authorBinner, A
dc.contributor.authorDay, B
dc.contributor.authorFaccioli, M
dc.contributor.authorFezzi, C
dc.contributor.authorRusby, A
dc.contributor.authorSmith, G
dc.date.accessioned2019-11-25T09:44:40Z
dc.date.issued2020-04-30
dc.description.abstractNatural capital refers to those stocks of assets provided for free by nature which, directly or indirectly, deliver well-being for humans. These include freshwater, fertile soils, clean air and living things. Natural capital stocks deliver flows of services, often called ecosystem services, which (often in combination with flows from other capital including human labour, ingenuity and manufactured goods) produce the benefits upon which humans depend for economic well-being and their very existence. Economic activity depends on natural capital while also affecting the stock of those assets. This relationship between the environment, the economy and human well-being has caught the attention of governments at both global and national levels. But how should governments incorporate the notion of natural capital into policy- and decision-making? We set out to define the notion of natural capital and how it can be brought into the economic analyses which underpin the majority of policy decision-making systems. We consider the means by which changes can be best directed to reflect the underlying science of the environment, the incentives of the economy and the preferences of society.en_GB
dc.description.sponsorshipNatural Environment Research Council (NERC)en_GB
dc.identifier.citationIn: Conservation Research, Policy and Practice, edited by William J. Sutherland, Peter N. M. Brotherton , Zoe G. Davies, Nancy Ockendon, Nathalie Pettorelli and Juliet A. Vickery, pp. 196-215en_GB
dc.identifier.doi10.1017/9781108638210.012
dc.identifier.urihttp://hdl.handle.net/10871/39761
dc.language.isoenen_GB
dc.publisherCambridge University Pressen_GB
dc.rights© 2020. Open access under a Creative Commons Open Access license CC-BY-NC-ND 4.0 which permits re-use, distribution and reproduction in any medium for non-commercial purposes providing appropriate credit to the original work is given. You may not distribute derivative works without permission. To view a copy of this license, visit https://creativecommons.org/ licenses/by-nc-nd/4.0. All versions of this work may contain content reproduced under license from third parties. Permission to reproduce this third-party content must be obtained from these third parties directly.
dc.titleThe natural capital approach to integrating science, economics and policy into decisions affecting the natural environmenten_GB
dc.typeBook chapteren_GB
dc.date.available2019-11-25T09:44:40Z
dc.contributor.editorSutherland, Wen_GB
dc.contributor.editorBrotherton, Pen_GB
dc.contributor.editorDavis, Zen_GB
dc.contributor.editorOckendon, Nen_GB
dc.contributor.editorPettorelli, Nen_GB
dc.contributor.editorVickery, Jen_GB
dc.identifier.isbn9781108638210
dc.relation.isPartOfConservation Research, Policy and Practiceen_GB
exeter.place-of-publicationCambridgeen_GB
dc.descriptionThis is the final version. Available on open access from Cambridge University Press via the DOI in this recorden_GB
dc.rights.urihttps://creativecommons.org/ licenses/by-nc-nd/4.0en_GB
exeter.funder::Natural Environment Research Council (NERC)en_GB
rioxxterms.versionVoRen_GB
rioxxterms.licenseref.startdate2020-04-30
rioxxterms.typeBook chapteren_GB
refterms.dateFCD2019-11-25T09:42:32Z
refterms.versionFCDAM


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© 2020. Open access under
a Creative Commons Open Access license CC-BY-NC-ND 4.0 which permits re-use,
distribution and reproduction in any medium for non-commercial purposes providing
appropriate credit to the original work is given. You may not distribute derivative works
without permission. To view a copy of this license, visit https://creativecommons.org/
licenses/by-nc-nd/4.0.
All versions of this work may contain content reproduced under license from third
parties.
Permission to reproduce this third-party content must be obtained from these third
parties directly.
Except where otherwise noted, this item's licence is described as © 2020. Open access under a Creative Commons Open Access license CC-BY-NC-ND 4.0 which permits re-use, distribution and reproduction in any medium for non-commercial purposes providing appropriate credit to the original work is given. You may not distribute derivative works without permission. To view a copy of this license, visit https://creativecommons.org/ licenses/by-nc-nd/4.0. All versions of this work may contain content reproduced under license from third parties. Permission to reproduce this third-party content must be obtained from these third parties directly.