Definitions
Environmental assets are all types of natural goods (or derived from them) that make up the ecosystems and that can generate direct or indirect economic benefits. Wood, sap, oils, essences, medicinal plants, and water are some of the commonly recognized environmental assets. Nevertheless, the most precise definition of the expression is related to natural resources in the widest possible way and all effects generated from them, including “those which have no economic values, but bring indirect uses benefits, options and bequest benefits or simply existence benefits which cannot be translated into a present day monetary value” (OECD 2005, based on United Nations et al. 2005). For those reasons, environmental assets differ from the definition of natural resources, as they are broader than the latter. Those assets encompass natural, mineral, geological, biodiversity, and all the direct and indirect effects they provide for the community.
Some of the environmental assets to be...
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Klautau de Araújo, T.L. (2019). Environmental Assets and Carbon Markets: Opportunities and Challenges for a Greener and Sustainable Economy in Brazil. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Climate Action. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71063-1_35-1
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