Which of the following statements is correct about the lsquo Natural Capital Coalition rsquo sometim...........

Environment and Ecology Others

Which of the following statements is correct about the‘Natural Capital Coalition’sometimes seen in news?

Natural capital is another term for the stock of renewable and non-renewable resources (e.g. plants, animals, air, water, soils, minerals) that combine to yield a flow of benefits to people

It is an international collaboration that unites leading initiatives and organizations for conserving the natural capital of the world

It is a coalition of countries and states for rapid phasing out of coal based economic system.

1 and 2 are correct

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Explanation:

David W. Pearce was the first economist to use the expression “natural capital” to refer to natural re- sources and services, or, to use his own words, “the set of all environmental assets”. Natural capital is another term for the stock of renewable and non-renewable resources (e.g. plants, animals, air, water, soils, minerals) that combine to yield a flow of benefits to people. It is an international collaboration that unites leading initiatives and organizations for conserving the natural capital of the world