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This article reconceptualizes natural capital. It categorizes natural capital into renewable natural capital and structural natural capital, and argues for exclusion of nonrenewable natural capital (such as coal and oil) from consideration as a natural capital. It presents 10 guiding principles for sustainable use of natural capital. Both tasks of reconceptualizing natural capital and identifying guiding principles for sustainable use of natural capital are inspired by Aldo Leopold’s land ethic.

Reconceptualizing natural capital and sustainable use of natural capital through Aldo Leopold's land ethic