eprintid: 10103408
rev_number: 18
eprint_status: archive
userid: 608
dir: disk0/10/10/34/08
datestamp: 2020-07-02 14:24:08
lastmod: 2021-09-26 23:17:09
status_changed: 2020-07-02 14:24:08
type: article
metadata_visibility: show
creators_name: Bateman, I
creators_name: Mace, G
title: The natural capital framework for sustainable, efficient and equitable decision making
ispublished: pub
divisions: UCL
divisions: B02
divisions: C08
divisions: D09
divisions: F99
note: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
abstract: The concept of ‘natural capital’ is gaining traction internationally as recognition grows of the central role of the natural environment in sustaining economic and social well-being. It is therefore encouraging to see the first signs of a ‘natural capital approach’ to decision making being accepted within government policy processes and the private sector. However, there are multiple different understandings of this ‘approach’, many of which misuse or omit key features of its foundations in natural science and economics. To address this, we present a framework for natural capital analysis and decision making that links ecological and economic perspectives.
date: 2020-10
date_type: published
official_url: https://doi.org/10.1038/s41893-020-0552-3
oa_status: green
full_text_type: other
language: eng
primo: open
primo_central: open_green
verified: verified_manual
elements_id: 1794753
doi: 10.1038/s41893-020-0552-3
lyricists_name: Mace, Georgina
lyricists_id: GMACE69
actors_name: Mace, Georgina
actors_id: GMACE69
actors_role: owner
full_text_status: public
publication: Nature Sustainability
volume: 3
pagerange: 776-783
citation:        Bateman, I;    Mace, G;      (2020)    The natural capital framework for sustainable, efficient and equitable decision making.                   Nature Sustainability , 3    pp. 776-783.    10.1038/s41893-020-0552-3 <https://doi.org/10.1038/s41893-020-0552-3>.       Green open access   
 
document_url: https://discovery.ucl.ac.uk/id/eprint/10103408/1/Bateman%20%26%20Mace%20in%20press.pdf