TY - JOUR
T1 - Valuing natural capital and ecosystem services
T2 - a literature review
AU - Islam, Moinul
AU - Yamaguchi, Rintaro
AU - Sugiawan, Yogi
AU - Managi, Shunsuke
N1 - Funding Information:
Funding Funding was provided by Grant in Aid from the Ministry of Education, Culture, Sports, Science and Technology in Japan (MEXT): Grant in Aid for Specially Promoted Research (26000001).
Publisher Copyright:
© 2018, Springer Japan KK, part of Springer Nature.
PY - 2019/1/22
Y1 - 2019/1/22
N2 - Literatures on sustainability have developed dramatically over recent decades. These literatures have not only added an enormous number of dimensions, but also have challenged researchers to be able to conduct a comprehensive analysis of sustainability. The excessive use of natural capital (NC) might cause a decrease in sustainability. Depleting a type of NC and substituting it with another form of NC or with produced capital is not sustainable in the strong sense. In this review, we have focused on the importance of NC and ecosystem preservations for sustainable development. We value the NC of 140 nations by adopting the inclusive wealth approach. We also notice the impact of climate change and natural disaster on different geographic regions in the assessment of NC.
AB - Literatures on sustainability have developed dramatically over recent decades. These literatures have not only added an enormous number of dimensions, but also have challenged researchers to be able to conduct a comprehensive analysis of sustainability. The excessive use of natural capital (NC) might cause a decrease in sustainability. Depleting a type of NC and substituting it with another form of NC or with produced capital is not sustainable in the strong sense. In this review, we have focused on the importance of NC and ecosystem preservations for sustainable development. We value the NC of 140 nations by adopting the inclusive wealth approach. We also notice the impact of climate change and natural disaster on different geographic regions in the assessment of NC.
UR - http://www.scopus.com/inward/record.url?scp=85049125495&partnerID=8YFLogxK
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U2 - 10.1007/s11625-018-0597-7
DO - 10.1007/s11625-018-0597-7
M3 - Review article
AN - SCOPUS:85049125495
SN - 1862-4065
VL - 14
SP - 159
EP - 174
JO - Sustainability Science
JF - Sustainability Science
IS - 1
ER -