Environmental Science
4 years ago

Revolutionizing Sustainable Development: New Methods to Value Natural Capital

Sustainability
A New Look at the Natural Capital Concept: Approaches, Structure, and Evaluation Procedure
Margarita Ignatyeva, V. V. Yurak, O. A. Logvinenko

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The article explores the concept of natural capital for sustainable development. It aims to define the structure of natural capital, clarify the roles of different environmental components, classify ecosystem services, and assess natural capital in a specific region (Khanty-Mansi Autonomous Okrug, Russia). The researchers identified ecosystem services in forests, mountains, and wetlands, and evaluated their economic value.