Natural capital includes which of the following?

Natural capital refers to the world's stocks of natural assets, which include geology, soil, air, water, and all living things. It encompasses both renewable and nonrenewable resources, recognizing their essential role in supporting life and the economy.

Renewable environmental stocks include resources such as forests, fish populations, and biodiversity that can replenish over time through natural processes. Nonrenewable environmental stocks, on the other hand, include minerals, fossil fuels, and other resources that do not replenish on a human timescale once depleted.

By acknowledging both types of resources, the definition of natural capital captures the comprehensive nature of environmental assets that contribute to ecosystems and human welfare. This broad understanding is vital because sustainable management of these resources is crucial for long-term sustainability and economic viability.

The other options do not fully encompass the totality of natural capital, as they limit the definition to either just renewable or nonrenewable resources or focus solely on economic interpretations, thus overlooking the broader environmental context.