Definition: Natural capital

Category: System of Environmental-Economic Accounting

The term "natural capital" is not defined in SEEA Experimental Ecosystem Accounting. Commonly, the term refers to all types of environmental assets, as defined in the SEEA Central Framework. Used in this way, natural capital has a broader scope than that of ecosystem assets, as defined in SEEA Experimental Ecosystem Accounting, since it includes mineral and energy resources. http://ec.europa.eu/eurostat/ramon/statmanuals/files/UN_experimental_ecosystem_accounting_2012_EN.pdf
Source:
United Nations; European Union; Food and Agriculture Organization of the United Nations (FAO); Organisation for Economic Co-operation and Development (OECD); The World Bank, "System of Environmental-Economic Accounting 2012: Experimental Ecosystem Accounting", 2014
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