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HEAAADERLOGORIGHT
BUSINESS ENGLISH · BUSINESS ISSUES · INTERMEDIATE (B1-B2)
NATURAL
CAPITAL
Expemo code:
1872-G2AA-9XZ4
1 Warm up
Look at the following elements. Rate them on a scale of 1 (least important) to 10 (most important).
In pairs, discuss and explain your answers. Have you got the same answers or are they different? If
they are different, why?
2 Focus on vocabulary
a structure that protects high level of importance money or property to damage or hurt
to make certain to remove something to work or exist you need to complete
Invite Friends
HEAAADERLOGORIGHT
INTERMEDIATE (B1-B2)
NATURAL CAPITAL
Part B: Now choose the right form of the words from Part A to complete the sentences.
Quickly read through the text on the next page, and decide which of the following sentences are the
first sentence from each paragraph. Two of them are not used.
D) Rainforests give millions of animals a shelter from humans and the weather.
HEAAADERLOGORIGHT
INTERMEDIATE (B1-B2)
NATURAL CAPITAL
Natural Capital
Giving nature value
1.
that our natural resources provide us with goods
In order of importance, food, water and shelter and free services. By this measure, experts in
are first on the list for anyone. Few people in conservation calculate that the resources we have
modern society have the skills or the need to go from the Earth add over $125 trillion each year
and find those things for themselves in nature. As a to the global economy. The problem is, activity
result, humans have created another element which which harms the environment, yet quickly makes
is needed to survive: money. We all need to money, is regularly more popular than activity which
generate money in order to live; therefore society in will benefit the environment over time. Recent
all countries is largely built around this requirement. research by the Paulson Institute found that, around
People, animals and activities that produce capital are the world, between $600 billion and $824 billion
valued and protected. If there is no way for them to more is invested in projects which damage nature
make money, they are ignored, or worse, destroyed. than projects which protect it.
4.
2.
The "value" of the rainforests in our current economic The Capitals Coalition, a global organisation, is trying
systems is in the materials they provide and the land to encourage 50% of the world’s businesses, banks
they occupy. You can buy and sell the wood they and governments to use natural capital in their
contain, and then buy and sell the land which is made decision-making process by 2030. In March 2021,
available once all of the trees have been cleared. The the United Nations updated its system for including
rainforest just existing though? That isn’t making any the environment in the way costs are measured.
money for anyone. Yet, as any school student will be This will allow countries to note changes in their
able to tell you, the rainforests are indeed performing natural resources and give them enough information
a vital function. For one thing, they give us the to make decisions which will reduce or eliminate
oxygen all living things need to survive; a need more any negative impact. To date, 90 countries have
essential than food, water and shelter. So, perhaps started usingthis system, including Canada, Australia,
we need a different way of assigning value to the the United Kingdom and countries in the European
world? Union. Seeing our environment for what it is:
3. valuable natural resources. Many would argue that
this is an important step in ensuring those resources
First used in 1973 by E.F. Schumacher, a German-
will remain available to future generations.
British economist, "natural capital" is the concept
Sources: theconversation.com; capitalscoalition.org
HEAAADERLOGORIGHT
INTERMEDIATE (B1-B2)
NATURAL CAPITAL
4 Comprehension
Complete the following sentences with one, two or three words from the text.
1. , most people don’t have the skills to find food, water and shelter without access
to money.
2. Society usually values and protects anything which can .
3. At the moment, the we use only value the land and the wood from the rainforests,
which is why they are being destroyed.
4. Even though they are not economically valued, the rainforests are an extremely
important role.
5. believe that $125 trillion is added to the global economy each year by our natural
resources.
6. Projects which nature receive billions of dollars less investment than projects
which destroy it.
7. The United Nation’s system gives countries to use that can reduce the harm to
the environment when they make decisions.
8. A lot of people would support the idea that our environment is and our children
and grandchildren should be able to enjoy it.
5 Rephrasing
Part A: Find words or phrases in the text which mean the same as the following.
1. create (Paragraph 1)
3. live in or on (Paragraph 2)
4. giving (Paragraph 2)
5. idea (Paragraph 3)
6. available (Paragraph 4)
8. supplies (Paragraph 4)
HEAAADERLOGORIGHT
INTERMEDIATE (B1-B2)
NATURAL CAPITAL
Part B: Now use the words and phrases you found in Part A to complete the following questions.
Find the following underlined words in the text and decide what they are referring to.
a. skills
b. people
c. food, water and shelter
a. food
b. money
c. other people
3. they (Paragraph 1)
a. activities
b. people and animals
c. people, animals and activities
4. that (Paragraph 2)
5. they (Paragraph 2)
a. students
b. rainforests
c. living things
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Language: English