Natural capital is what nature provides to us for free. Renewables-like species-keep on coming, provided we do not drive them towards extinction. Non-renewables-like oil and gas-can only be used once. Together, they are the foundation that ensures our survival and well-being, and the basis of...

Hard-hitting recommendations for what must be done to manage global natural capital and reverse environmental destruction Natural capital is what nature provides to us for free. Renewables—like species—keep on coming, provided we do not drive them towards extinction. Non-renewables—like...

What would a sustainable economy look like? What would it take to live within our environmental means? Legacy answers these and other questions, setting out the key features of the sustainable economy. It explains what it would take to properly maintain different types of capital, why polluters...

The article provides a critique of British environmental policy, focusing in particular on the role of sustainable development as an organizing principle, the use of cost?benefit analysis (CBA) and economic instruments, and the design of the institutions responsible for implementing policy. It...

I summarize the main results and policy insights from the 2011 EIB Conference on "Productivity and Long-Term Growth Potential in Europe". Europe's need for productivity growth has become more pressing against the backdrop of huge government debt and a beginning slowdown in labour supply. The...