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7.1 Natural resources — uses and managementIB Environmental Systems and Societies HL: Flashcards

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Question

Define natural capital.

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Define natural capital.
The stock of natural resources available on Earth.
Define natural income.
The goods and services provided by natural capital, e.g. a sustainable harvest.
What do the terms 'natural capital' and 'natural income' imply?
A particular perspective on nature: as a resource to be valued and used by people.
Give two ecosystem services.
E.g. coastal protection by reefs, water regulation by forests, carbon storage, pollination.
List five values of natural capital.
Aesthetic, cultural, economic, environmental, health, intrinsic, social, spiritual, technological.
Why is the value of natural capital dynamic?
It changes over time with conditions, knowledge, technology and attitudes.
Define resource security.
The ability of societies to ensure the long-term availability of sufficient natural resources to meet demand.
(HL) Give three strategies that influence society's use of natural capital.
Laws and quotas, taxes or charges, subsidies, education.
(HL) What do the SDGs provide?
A framework for action by all countries, in global partnership, on natural resource use and management.
(HL) What is an EIA?
An assessment of a project's likely environmental and social impacts, used to address sustainable resource management.
(HL) Why does making an EIA public matter?
It lets local citizens take a role as stakeholders in decision-making.
(HL) Why might a renewable resource be unsustainable?
The extraction, harvesting, transport or processing may cause damage, e.g. forest cleared for palm oil.
(HL) Why do economic interests threaten sustainability?
They often favour short-term production and consumption over long-term sustainability.
(HL) What can resource insecurity lead to?
Hindered development, environmental degradation, and geopolitical tensions and conflict.
(HL) Three ways to achieve resource security.
Reduce demand, increase supply, or change technologies.

Written by the Exaim team, led by Shaun Daswani (Head of Upper Secondary, Improve ME Institute; MSc Financial Mathematics, Imperial College London; BSc, UCL) and Jason Daswani (operational lead, Improve ME Institute; LSE).