How many types of natural capital are there?

renewable
non- renewable
replenishable

What are renewable resources? natural resources that produce a sustainable yield or
harvest that is
less than or equal to
the natural productivity of the resource
eg: timber/food crops

are living resources that can replace or

restock themselves - they can grow.

what are replenishable resources / natural capital? non - living

natural resources
that depend on the sun's energy
for their replenishment
eg: groundwater

middle ground between

renewable and non-renewable resources. These resources are
replaceable, however they tend to be replaced over a time period

what are non-renewable resources? natural resources

that CANNOT be replenished
within the same timescale
from which it was taken
eg: FF

WE CANNOT REPLACE IT AS QUICKLY AS WE USE IT

therefore it will run out

exist in finite
amounts on Earth and are not renewed or replaced after they have
been used or depleted (or only over a long timescale - normally
geological scales).

what is natural capital? economists

natural resources
apprioately managed
produce a 'natural income' of
goods and services
eg: good = timber exchange for money
service = trees acting as a flood plain
wide beaches to prevent erosion

Is natural capital useful to humans if so how? YES

goods or
services that are not manufactured but have value to humans

what are examples of natural capital? trees, soil, water, living

organisms and ores bearing minerals, and also includes services that
support life, e.g. flood and erosion protection provided by forests.

what does natural capital consist of? - how may it be categorized GOODS - timber
SERVICES - flood plains/wide beaches
PROCCESSES - photosynthesis = oxygen and glucose, water cycle

What can be done to natural capital? (3) improve

degrade
given a value

what does natural capital give you?/ what does natural capital yield? natural income
eg: cherries trees produce cherries
a harvest of crops

what measure must be included when assessing a countries true wealth? its natural capital

what do MEDCs do? MEDCs add value to

natural income by manufacturing goods from it
eg: trees - furniture
metal ores - extracted and turned into phone sims

Have many LEDCs used their natural capital? NO

LEDCs may have
greater unprocessed natural capital

what is sustainability? the ability to meet the current needs of humanity without compromising
the ability of future generations to meet their needs

what is an example of a recyclable resource? metals from ores

eg: Fe and Al

What are the 8 Millennium Development Goals? ...

How are Resources valued (I SEE) Intrinsic - CULTURAL VALUES

Scientific - USEFUL 4 APPS
Ecological - PROVIDE LIFE SUPPORT SERVICES - H20 STORAGE
Economic - EXCHNGE RESOURCES 4 MONEY

how do you value the environment? UNEP - integrated environmental and economic
accounting
BRUNTLAND REPORT
EARTH SUMMIT RIO DE JANEIRO: June 1992 came Agenda 21

What were the outcomes of the Earth Summit - rio de janiero in 1992? Together these
outcomes covered every aspect of sustainable development. Legislation was passed and many
agreements made, committing nations, including the UK, to become more sustainable. These
agreements and guidelines are still adhered to today and are influencing many political and
business decisions.

what does NGO stand for? non gov organization

ecological footprint A way of measuring how much of an impact a person or community has
on the earth. Someone who uses more natural resources will have a bigger footprint than
someone who uses less.