Definition of components and capitals in grazing lands

Authors: Concepción L. Alados, Geoff Wilson
Editor: Alexandros Kandelapas

Editor's note: text for this article derived from D212-2.

Natural capital

Natural capital is the set of stocks that provide ecosystem services of relevance for human welfare. Ecosystem services are the direct and indirect goods that provide benefit to humans and are derived from ecosystem functions. The main components of natural capital relevant in grazing lands are climate, vegetation, soil and water.

 

Capital
conceptual definition
Components Characteristics (variables)
Natural capital is durable natural stock or assets that provide flows of services over time (IISD 2008).
Climate
Climate Quality index
Aridity
Precipitation
Temperature
Slope aspect
Evapotranspiration
Vegetation Vegetation cover class
ANPP
Nutritive value
Species Diversity
Functional diversity
Soil Organic carbon
Mineral carbon
Total Nitrogen content
Mineral nitrogen content
Organic nitrogen content??
C/N ratio
Bulk capacity
Water Soil water content
Water balance
Water quantity/quality

Source: LEDDRA Partners 2012

Economic capital

Economic capital is the key foundation of financial and economic well-being of a society. In its broadest sense, ‘capital’ refers to stock or assets which are durable and which provide a flow of services over time. The Table below summarizes the economic capital components and their related characteristics, operational measures, assessment methods and techniques in grazing land.

 

Capital
conceptual definition
Components Characteristics (variables)
Economic capital is durable stock or assets that provide flows of services over time. Produced Quantity of production
or
Value of goods
Value of services
Financial Subsidies
Remittances
Bank deposits
Disposal income
Landesque Ditches, dams, wells,; electric fences etc.
Physical Factories, farm structures, livestock housing, barns, fences, roads, railways, etc.
Technology
Presence of various types of technologies by sector (farming, transport, electricity, telecommunications, manufacturing, etc.
Animal (Livestock) Number of animals
Types of animals
Plant Flora composition, Fodder crops etc.

Source: LEDDRA Partners 2012

Social capital

In order to encompass the various dimensions of social capital within the LEDDRA approach, an aggregate and a specific concept of the term are used. Social capital, as an aggregate term, is comprised of complex social processes, political arenas, institutions, regulations and cultural factors. It includes the following components: demographic (the structural demographic features of a socio-ecological system), human (the skills and knowledge available in a society), cultural (society’s historical memory and experience, the arts, ideological standpoints of a society, traditions, habits, values), social (connectedness, trust, reciprocity and exchanges) and institutional (i.e. organisational ability, institutions, trust in institutions and processes). Each of the components of social capital is shown in the Table below.

 

Capital
conceptual definition
Components Characteristics (variables)
Social capital is a resource to collective action that concerns the ability and willingness of community members to participate in actions directed to community objectives and to processes of engagement. Demographic Structural demographic characteristics of an area
Human Knowledge
Skills
Competency
Experience
Cultural Attitudes
Beliefs
Spiritual aspects
Traditions
Values
Cultural identity N.B. Variation between study sites may exist in the spatial level (regional or community) at which identity is experienced and expressed
Social 
Connectedness
Networks and groups
Trust
Reciprocity and exchanges
Institutional Common rules
Norms
Sanctions
Governance

Source: LEDDRA Partners 2012

References

  • IISD (2008).  The Natural Capital Approach. A Concept Paper.  http://www.iisd.org/
  • Bourdieu, P. (2008).  The Forms of Capital.   Readings in Economic Sociology. Blackwell Publishers Ltd: 280-291.
  • Thampapillai, D. and Uhlin, H.-E. (1997).  Environmental capital and sustainable income: basic concepts and empirical tests.  Cambridge Journal of Economics, 21: 379-394.
2014-11-28 10:51:13