Economic Development Futures Journal

Thursday, July 10, 2003

counter statistics

Natural Capitalism...

Our current economic development mindset thinks too narrowly about the importance and value of the natural environment. Here is a broader view that some are working to realize.

"The environment is not a minor factor of production, but rather it is an envelope containing, provisioning and sustaining the entire economy. The limiting factor to future economic development is the availability and functionality of natural capital, in particular, life-supporting services that have no substitutes and currently have no market value."

From: Natural Capitalism, by Paul Hawken, Amory Lovins and Hunter Lovins.

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