1.4 Sustainability

Question 1

Define Sustainability

Answer 1

The use and management of resources so that full natural replacement of exploited resources can take place.

Question 2

Define Natural Capital

Answer 2

Natural Capital describes natural resources that produce a sustainable income of goods and services.

Question 3

Define Natural Income

Answer 3

The yield obtained from natural resources.

Question 4

Define Natural Income of Goods

Answer 4

Physical items: wood, food, medicine and paper.

Question 5

Define Natural Income of Services

Answer 5

Aesthetics, recreation, oxygen production, and soil stability.

Question 6

Define Environmental Impact Assessment (EIA)

Answer 6

The studies carried out before a development project is undertaken to assess the possible damage to the environment.

Question 7

Define Ecological Footprint

Answer 7

The area of land and water needed to sustainably provide all the resources at the rate at which they are consumed by a given population.

Question 8

Define Ecosystem Services

Answer 8

A form of natural income derived from natural capital.