Natural Capital – a new way of looking at your assets
What is Natural Capital? It’s a way of looking at the land to quantify the parts that have value to society. For example, farms, forests, rivers, lakes, biodiversity, land and minerals. It can include both living and non-living aspects of the ecosystem. Natural Capital is seen as a mechanism by which environmental services flow over time, with a wide range of benefits, whether it’s a marketable value (timber, crops, freshwater etc) or non-market value (recreation, use of the landscape for leisure etc). There’s also the intangible value of the existence of landscapes, habitats and species.