Promoting intergenerational equity calls for strategic investments in long-lasting capital systems

Authors: Quanliang Ye, Yuli Shan, Klaus Hubacek

Journal: Cell Reports Sustainability, Volume 1, Issue 9, 100153

Abstract

The long-lasting capital system is an essential component of all economies and plays a crucial role in supporting economic development, environmental sustainability, and human prosperity. The capital system consists of three main types of capital assets: natural, manufactured, and human capital. Natural capital refers to the Earth’s natural resources and ecosystems that can be used as inputs to production processes for a wide range of goods and services. Manufactured capital includes infrastructure, buildings, machinery, and technology, which provide the physical and technological foundation for economic activities and social development. Human capital includes skills, knowledge, education, and health, all of which contribute to the well-being and potential of individuals and society as a whole.

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