What does I pat stand for?
What does I pat stand for? by Ben Courtice I=P×A×T (commonly pronounced “eye-pat”) is a formula, often cited, describing the factors that cause environmental degradation. In this formula, I stands for impact; P stands for Population; A stands for Affluence (or amount consumed); T stands for Technology.
I=P×A×T (commonly pronounced “eye-pat”) is a formula, often cited, describing the factors that cause environmental degradation. In this formula, I stands for impact; P stands for Population; A stands for Affluence (or amount consumed); T stands for Technology.
What are natural capital assets?
Natural capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things. It is from this natural capital that humans derive a wide range of services, often called ecosystem services, which make human life possible.
What is natural income?
Natural income is the yield obtained from natural resources. Ecosystems may provide life-supporting services such as water replenishment, flood and erosion protection, and goods such as timber, fisheries, and agricultural crops.
What is a natural capital strategy?
The Natural Capital strategy is a unique global investment strategy, which is directly inspired by His Royal Highness the Prince of Wales and developed in partnership with the Circular Bioeconomy Alliance, established under his Sustainable Markets Initiative.
