IDEAS home Printed from https://ideas.repec.org/a/eee/ecoser/v37y2019ic14.html
   My bibliography  Save this article

Making investments in natural capital count

Author

Listed:
  • Blignaut, James N.

Abstract

The disconnect between land managers bearing the cost of restoration and land management, and society benefitting from the ecosystem services flowing from natural capital, leads to sub-optimal investments in restoration and land management. To bridge this disconnect a system involving easement agreements is proposed whereby the issuer of the easement (the investor) is buying the right to determine the management practices on the land from an easement holder (the land manager). In return the marginal change, or additional value generated by the restoration and/or land management, through an easement intermediary, features as an asset value on the balance sheet of the easement holder. This catapults investment in natural capital from the expenditure realm, and the minimisation thereof, to an option of portfolio diversification and value addition while contributing to general economic welfare. In this way it is possible to invest in natural capital and make that count – by accounting for it on an entity’s balance sheet as an asset.

Suggested Citation

  • Blignaut, James N., 2019. "Making investments in natural capital count," Ecosystem Services, Elsevier, vol. 37(C), pages 1-1.
    • Handle: RePEc:eee:ecoser:v:37:y:2019:i:c:14
    DOI: 10.1016/j.ecoser.2019.100927
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212041619301214
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecoser.2019.100927?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhongxun Zhang & Kaifang Shi & Zhiyong Zhu & Lu Tang & Kangchuan Su & Qingyuan Yang, 2022. "Spatiotemporal Evolution and Influencing Factors of the Rural Natural Capital Utilization Efficiency: A Case Study of Chongqing, China," Land, MDPI, vol. 11(5), pages 1-29, May.
    2. Yang, Yi & Jia, Yuwei & Ling, Sun & Yao, Congxu, 2021. "Urban natural resource accounting based on the system of environmental economic accounting in Northwest China: A case study of Xi’an," Ecosystem Services, Elsevier, vol. 47(C).
    3. Blignaut, James & Aronson, James, 2020. "Developing a restoration narrative: A pathway towards system-wide healing and a restorative culture," Ecological Economics, Elsevier, vol. 168(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecoser:v:37:y:2019:i:c:14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/ecosystem-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.