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What is "natural capital"?
(1995)
This compendium "Resource Productivity in 7 Steps" is intended to give practical advice to designers, engineers, distributors, banks, lawmakers and others how to increase the resource productivity of goods and services (dematerialisation).
The eco-innovative (re-)design of products begins with the definition/description of the benefit or service, which a product provides to its user. The use of MIPS (Material Input Per unit Service) helps to develop solutions that can provide this benefit with the least possible quantity of natural resources, from. It measures the material and energy input of a product throughout its life-cycle, "from cradle to cradle" (production of raw materials, manufacturing, transportation, use, disposal). Thus, material and energy consumption can be minimised while satisfying the demand and decoupling of the economic activities from resource use.
The brochure describes in seven steps how to gain more resource productivity. It provides several worksheets for the innovation process and material intensity factors for the calculation of the material footprint. A translation into traditional chinese is also available.
In the discourse about sustainable development, "constant natural capital" is frequently referred to as a criterion for ecological sustainability. But what is "natural capital"? The concept will be analyzed by presenting arguments in favour of using the term and different versions of sustainability (strong and weak). Subsequently, a critique of the "natural capital" concept is brought forward, from an ecological as well as from an economic perspective. Following this critique, the use of material inputs and the material input per unit of service (MIPS) as a measure for the environmental impact potential is suggested. Dematerialisation is understood to be an alternative management rule for sustainability. In conclusion, a change of perspective is proposed. Due to the conceptual and measurement problems associated with the "constant-natural-capital" criterion (which refers to a stock), it seems more reasonable from a scientific as well as from a practical perspective to add flows (i.e. material inputs) to a decision criterion for whether a development is sustainable or not.