The natural world consists in a bundle of assets that are valued in terms of the services they provide, either directly for the welfare of those who use them or indirectly as inputs into production and as the background conditions for human life and production. ###>The natural world consists in a bundle of assets that are valued in terms of the services they provide, either directly for the welfare of those who use them or indirectly as inputs into production and as the background conditions for human life and production.