Restoring Natural Capital: without reserves, no goods and no services

Abstract

Restoring Natural Capital: without reserves, no goods and no services.

One of the most innovative and attractive ideas to emerge in recent years is the call for humanity to preserve and manage what remains of our natural resources, or natural capital, and to invest in the restoration of degraded natural capital (RNC), in order to replenish the reserves which assure the flows of natural goods and services that society requires. In this paper, we present definitions and basic concepts to show that RNC is a broader approach than that of the ecological restoration of degraded ecosystems. We present case studies from Argentina, Colombia, Mexico and Chile explaining in each case the RNC approach and the impact on ecosystem services. We conclude with a brief discussion and some recommendations for research and development of RNC at local, regional and global scales.