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.
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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.
| Type: | Article |
|---|---|
| Title: | The natural capital framework for sustainable, efficient and equitable decision making |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1038/s41893-020-0552-3 |
| Publisher version: | https://doi.org/10.1038/s41893-020-0552-3 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Life Sciences UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Life Sciences > Div of Biosciences UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Life Sciences > Div of Biosciences > Genetics, Evolution and Environment |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10103408 |
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