keskkonnavarade

Keskkonnavarade is an Estonian term that translates to "environmental assets" or "natural capital." It encompasses the natural resources and environmental services that contribute to human well-being and economic activity. This includes a wide range of elements such as clean air and water, fertile soil, forests, biodiversity, and ecosystems themselves.

These assets are fundamental to sustaining life and supporting various industries, including agriculture, forestry, fisheries, and tourism. They provide essential ecosystem services like climate regulation, pollination, and waste decomposition. The concept of environmental assets emphasizes that nature is not merely a source of raw materials but a complex, interconnected system that provides invaluable benefits.

The management and valuation of environmental assets are crucial for sustainable development. Understanding their value, both ecological and economic, helps in making informed decisions about resource use and conservation. Degradation of environmental assets can lead to significant economic losses and a decline in human welfare. Therefore, preserving and restoring these natural resources is a key objective for environmental policy and sustainable economic planning. The term highlights the intrinsic worth of the natural environment and its role as a foundation for prosperity.