Valuing natural capital and ecosystem services: a literature review

Moinul Islam, Rintaro Yamaguchi, Yogi Sugiawan, Shunsuke Managi

Research output: Contribution to journalReview articlepeer-review

28 Citations (Scopus)


Literatures on sustainability have developed dramatically over recent decades. These literatures have not only added an enormous number of dimensions, but also have challenged researchers to be able to conduct a comprehensive analysis of sustainability. The excessive use of natural capital (NC) might cause a decrease in sustainability. Depleting a type of NC and substituting it with another form of NC or with produced capital is not sustainable in the strong sense. In this review, we have focused on the importance of NC and ecosystem preservations for sustainable development. We value the NC of 140 nations by adopting the inclusive wealth approach. We also notice the impact of climate change and natural disaster on different geographic regions in the assessment of NC.

Original languageEnglish
Pages (from-to)159-174
Number of pages16
JournalSustainability Science
Issue number1
Publication statusPublished - Jan 22 2019

All Science Journal Classification (ASJC) codes

  • Global and Planetary Change
  • Health(social science)
  • Geography, Planning and Development
  • Ecology
  • Sociology and Political Science
  • Nature and Landscape Conservation
  • Management, Monitoring, Policy and Law


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