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| | ipedia.com: Natural capital Article (Site not responding. Last check: 2007-11-05) |
 | | It is one approach to ecosystem valuation, an alternative to the traditional view of all non-human life as passive natural resources, and to the idea of ecological health. |
 | | In a traditional classical economic analysis of the factors of production, natural capital would usually be classified as "Land" distinct from "Capital" in its original sense The distinction between "Land" and "Capital" was that land is naturally occurring, whereas capital as originally defined referred only to man-made goods. |
 | | It does not appear that the basic principle is controversial, although there is much controversy on ecological health indicators, value of nature's services and Earth itself, consistent methods of ecosystem valuation, biodiversity metrics and methods of audit that might apply to these services, systems and biomes. |
| www.ipedia.com /natural_capital.html (529 words) |
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