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Integrating Natural Capital in the Economy

In: The Intersection of Economics and Ecology

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  • Gurudas Nulkar

    (Gokhale Institute of Politics and Economics)

Abstract

In the earlier chapters we have seen how the limitations imposed by the natural capital can affect human economy. The rising demand for goods and services is making this challenge more explicit. It is now evident that the human economy, environment, and well-being are closely interconnected. The valuation of natural capital is being recognised as an critical element in the path of sustainable development. Measuring the consumption of natural capital and shifting to a circular economy, are ways in which we can effectively tackle concerns of energy, food security, and ecological degradation, and simultaneously promote well-being among society.

Suggested Citation

  • Gurudas Nulkar, 2024. "Integrating Natural Capital in the Economy," Springer Books, in: Gurudas Nulkar (ed.), The Intersection of Economics and Ecology, chapter 0, pages 433-463, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-6893-0_5
    DOI: 10.1007/978-981-99-6893-0_5
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