How to handle natural capital within the context of the green economy?

Cristian Ducoing

doi:10.1016/B978-0-12-816635-2.00002-X

How to handle natural capital within the context of the green economy?

Cristian Ducoing

Department of Economic History

Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review

Abstract

Natural capital is one of the most controversial measures in current models of economic development. Sustainability challenges of our time are related with measuring Nature as economic value. How to measure the inputs that do not have a clear market price? How to measure ecosystems and noncultivable land? How to introduce these elements in our National Accounts? In this chapter, the main elements of the theory behind natural capital are reviewed, and the available measures are presented and criticized. The chapter concludes with some suggestions to adequate wealth measures with the inclusion of natural capital as economic input.

Original language	English
Title of host publication	Handbook of Green Economics
Editors	Sevil Acar, Erinc Yeldan
Publisher	Elsevier
Chapter	2
Pages	19-30
Number of pages	12
ISBN (Electronic)	9780128166444
ISBN (Print)	9780128166352
DOIs	https://doi.org/10.1016/B978-0-12-816635-2.00002-X
Publication status	Published - 2019 Sept

Subject classification (UKÄ)

Economic History
Economics
Environmental Sciences

Free keywords

Genuine savings
Green accounting
Natural capital
Sustainable development

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1016/B978-0-12-816635-2.00002-X

Cite this

@inbook{c9fc13099f8344b2a41668b3aaebdf5d,

title = "How to handle natural capital within the context of the green economy?",

abstract = "Natural capital is one of the most controversial measures in current models of economic development. Sustainability challenges of our time are related with measuring Nature as economic value. How to measure the inputs that do not have a clear market price? How to measure ecosystems and noncultivable land? How to introduce these elements in our National Accounts? In this chapter, the main elements of the theory behind natural capital are reviewed, and the available measures are presented and criticized. The chapter concludes with some suggestions to adequate wealth measures with the inclusion of natural capital as economic input.",

keywords = "Genuine savings, Green accounting, Natural capital, Sustainable development",

author = "Cristian Ducoing",

year = "2019",

month = sep,

doi = "10.1016/B978-0-12-816635-2.00002-X",

language = "English",

isbn = "9780128166352",

pages = "19--30",

editor = "Sevil Acar and Yeldan, {Erinc }",

booktitle = "Handbook of Green Economics",