Perhaps governments should redirect their investment into natural capital instead, restocking their forests rather than their libraries.
ECONOMIST: A new report comes up with a better way to size up wealth
The Natural Capital Project, a non-profit venture led in part by scientists from Stanford University, has changed that.
FORBES: Names You Need To Know In 2011: Natural Capital Project
The evidence shows systematic under-investment in human capital, inadequate attention to institutional capital, and over-exploitation of natural capital.
Collaboration can be encouraged by leaders who are incentivized to truly steward financial, human and natural capital for the long-run.
Various arms of the United Nations are giving their stamp of approval to the process that Natural Capital group is taking.
FORBES: Names You Need To Know In 2011: Natural Capital Project
Nissan approached Natural Capital because it wanted to do a check on its supply chain and how it impacts the environment.
FORBES: Names You Need To Know In 2011: Natural Capital Project
Those discussions later led to the formation of the Natural Capital Project.
Japan is also one of only three countries in the report that did not deplete their natural capital between 1990 and 2008.
The committee will examine the philosophical and practical issues behind this with Professor Dieter Helm, the chair of the newly-created Natural Capital Committee.
Mankind needs to develop more and cheaper technologies that can enable people to enjoy the fruits of economic growth without destroying the planet's natural capital.
Here are three that I think are particularly important: What are the best ways to optimize financial capital, human capital, social capital and natural capital?
In November 2006 Daily launched the Natural Capital Project with others from Stanford, the University of Minnesota, the World Wildlife Fund and the Nature Conservancy.
Also on Saturday, 37 CEOs from the finance sector announced their commitment to natural capital in the launch of a most interesting Natural Capital Declaration.
Most of the time ecosystem services and natural capital are specific to a particular area, country or region, and that is the level where they ought to be supported.
Without this natural capital maintained, and restored where it has been lost or degraded, our prospects for long-term economic development are weak at best, and likely doomed to failure.
FORBES: Conservation International: Stemming the Tide of Environmental Crises, Part Five
The Stanford University professor of biological sciences devotes a large amount of her time to taking a business perspective on land and water as a type of natural capital.
Is Natural Capital Project a name you should know?
FORBES: Names You Need To Know In 2011: Natural Capital Project
Daily works on the Natural Capital Project, a joint venture of Stanford, the University of Minnesota, the World Wildlife Fund and the Nature Conservancy to develop standard tools for the measurement of natural capital.
Although this concept still means different things to different stakeholders, our position is that a Green Economy, or indeed any economy that is to be healthy and sustainable over the long-term, has to have at its core the maintenance of our natural capital.
FORBES: Conservation International: Stemming the Tide of Environmental Crises, Part Five
The Energy and Climate Change Committee (at 9am) looks into energy prices, profits and poverty with a series of academics and the Environmental Audit Committee (at 10.30am) has its first evidence session on "well-being", a policy approach which attempts to apply the idea of natural capital, to public policy making.
This manifests in a variety of ways, including the glacial pace of progress on an international, legally-binding climate agreement, the relatively low priority given to the Convention on Biological Diversity, the lack of understanding of the importance of natural capital in ensuring human survival, and the tiny budget allocated to conservation in most countries.
FORBES: Conservation International: Stemming the Tide of Environmental Crises, Part One
And yet--if only to insure against catastrophic global climate change that could irreversibly damage the world's human, natural and physical capital--an effective global agreement on mitigation must be achieved and put into force by the time the Kyoto Protocol's implementation period ends in 2012.
It means that a company is on balance increasing our overall stock of wealth, grounded in human, produced, financial, natural, and social capital.
Only days after Cleveland-Cliffs announced a banner deal to pick up Alpha Natural Resources, Harbinger Capital Partners, the company's largest shareholder, has come out against the acquisition.
Stripped to its bones the idea is that there is a natural rate of return to capital.
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In the 1980s a French venture capital firm called Natural acquired 90% of the business, which then had just three shops and was losing money.
Indeed, they go much further than capital stock, natural resources, education, or the other usual suspects of textbook economics, towards explaining why a worker's productivity rises so astonishingly when he merely crosses the political boundary between Mexico and the United States.
But states are not competing with one another for limited natural-gas industry jobs and capital as they compete for, say, an automotive plant.
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The Bangladeshi government has ordered the partial shut-down of natural gas stations in and around the capital to counter a growing power crisis.
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