For businesses, natural capital has often been seen as the environmental economics equivalent of a free lunch.
Companies could use water or timber, or emit vast amounts of carbon with little recognition to the actual impacts or value it had on the natural world.
Yet, as any student of business or economics knows, there is no such thing as a free lunch. Meaning that as the impacts of climate change, severe droughts and ravishing natural disasters are being seen throughout the world, the value of nature’s finite resources will eventually be felt by businesses.
Excerpt from Keith Larsen’s article on Greenbiz website- Read the rest of his article here.