Economics Ecosystem Services Questions
The concept of natural capital refers to the stock of natural resources and ecosystems that provide valuable goods and services to humans. It includes resources such as forests, water bodies, minerals, and biodiversity, as well as the ecological processes that sustain them. Natural capital is essential for the functioning of ecosystems and the provision of ecosystem services, which are the benefits that humans obtain from nature, such as clean air and water, pollination, climate regulation, and recreational opportunities. Recognizing and valuing natural capital is important for sustainable development and decision-making, as it helps to understand the economic and social benefits derived from nature and the potential impacts of human activities on these resources.