Crucial Path: The importance of Social Capital for Sustainable Natural Resource Management

ISBN: 3639276337

Author: Dadi, Michael Assefa

Condition: New

Sustainability aims to leave future generations as many, or more, opportunities as we ourselves have had. Growing opportunity requires an expanding stock of capital. The traditional composition of natural capital, physical or produced capital, and human capital needs to be broadened to include social capital. Social capital contributes significantly to Sustainable Development. Social capital is not just the sum of the institutions, which underpin a society ? it is the glue that holds them together. Increasing evidence shows that social cohesion is critical for societies to prosper economically and for development to be sustainable. The study explicitly defined social and natural capital in the context of sustainable livelihood, different people's views and pinpointed the link between the two capitals. This links were further explored using the pressure-state-response model, sustainable livelihoods framework, asset-based model of agricultural systems. Moreover the study identifies the link between social and natural capital in numerous socio-political and policies enabling mechanisms and case studies from three countries.