More on natural wealth of nations and regions
DOI link for More on natural wealth of nations and regions
More on natural wealth of nations and regions book
This chapter focuses on the role and importance of natural capital in measuring the inclusive wealth of nations. It examines the regional disaggregation of natural capital change for the studied period. The chapter explores the interaction between natural capital and natural disasters. It discusses the fishery capital stock of nations in detail. The chapter details the first estimate of renewable energy as capital stocks. It provides an overview of renewable resources of natural capital, which contains agricultural land, fisheries and forest resources. Alternative renewable energy is garnering attention and contributing to sustainable development by substituting fossil fuels. The chapter describes natural capital growth at several regional levels, while an examination of disaggregated resources will provide a better understanding. It aims to clarify how the substitution enters the framework of inclusive wealth as an indicator of sustainable development and shows the magnitude of the power shift in the inclusive wealth of nations.