- Glossary AlpES Terms
This project is co-financed by the European Regional Development Fund through the Interreg Alpine Space programme
Natural capital summarizes all elements of nature that directly or indirectly produce value for people, including ecosystems, species, freshwater, land, minerals, air and oceans, as well as the natural processes and functions connecting and interacting with them. (Reid 2005) 1). The OECD (2007)2) sets the focus on the natural capital’s feature of providing natural resource inputs and environmental services for economic production. The natural capital can be divided into two major sections:
In the AlpES project the focus lies on biotic natural capital, however it also takes abiotic processes into consideration, as some aspects are of special interest for the alpine space (minerals, wind, etc.). They are not assessed or mapped explicitly though.