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Natural Capital

Gund Institute for Ecological Economics (University of Vermont) transcends traditional disciplinary boundaries in order to address the complex interrelationships between ecological and economic systems in a broad and comprehensive way.

Beijer International Institute for Ecological Economics (Royal Swedish Academy of Sciences), aims to foster interdisciplinary activities among natural and social scientists, in order to deepen understanding of the interactions between humans and nature, and to inform management of our common environment.

International Society for Ecological Economics is dedicated to advancing understanding of the relationships among ecological, social, and economic systems for the mutual well-being of nature and people. The Society publishes the journal Ecological Economics which is concerned with extending and integrating the study and management of “nature’s household” (ecology) and “humankind’s household” (economics).

NOAA Coastal Services Center maintains an excellent site on environmental economics as it pertains to coastal ecosystem restoration. Coastal areas provide a broad range of values to humankind. Environmental values are categorized as direct use (e.g., hiking, wildlife observation, inputs into the production process), indirect (e.g., biological support, water and air purification), and nonuse (bequest and existence values). Each of these values affects the decision to exploit or conserve natural resources.

RNC Alliance is an international network of not-for-profit, non-governmental organizations that offer locally appropriate solutions to resolve environmental and economic development problems simultaneously in under developed countries and industrial countries alike.

Natural Capital Institute (NCI) serves the people who are transforming the world, a dedicated team of researchers, teachers, students, activists, scholars, writers, social entrepreneurs, artists and volunteers committed to the restoration of the earth and the healing of human culture.

Benefit-Cost Analysis (BCA) is a tool for organizing information on the relative value of alternative public investments like environmental restoration projects. When the value of all significant benefits and costs can be expressed in monetary terms, the net value (benefits minus costs) of the alternatives under consideration can be computed and used to identify the alternative that yields the greatest increase in public welfare.

Blogs

Environmental Economics blog is dedicated to the dissemination of economists’ views on current environmental and natural resource issues. Posts are non-technical.

Environmental Valuation & Cost-Benefit News (Empirical Cost-Benefit and Environmental Value Estimates) covers legal, academic, and regulatory developments pertaining to the valuation of environmental amenities and disamenities.

Natural Capital, a blog on news, policy and research on the economics of the environment and natural resources.

Ecological Economics: A Cross Disciplinary Conversation is a blog designed to daylight and refine economists’ and ecologists’ views, agreements, and disagreements on current environmental and natural resource issues.

Interviews & Lectures

UNEP Executive Director Klaus Toepfer on Natural Capital at the Center of Poverty Eradication in Nairobi, Kenya on June 17, 2005.

Archbishop of Canterbury Rowan Williams on Ecology and Economy at University of Kent, Canterbury on March 8, 2005.

Tachi Kiuchi on the New Economics for the 21st Century: Natural Economics at the APO Forum, Kuala Lumpur on March 1, 2004.

Biologist Gretchen Daily of Stanford University on Natural Capital (2002) and Nature vs Productivity (2003) on Earth & Sky Radio.

Australian Minister for the Environment Robert Hill on Restoring Our Natural Capital in Sydney, Australia on June 5, 1996

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