The 5 capitals

Description

A group discussion about the 5 capitals model. Model is developed by Forum for the Future as a framework understanding wealth, resources and flow in terms of 5 different “capitals”:

1. Natural capital - The natural resources (energy, environment and matter) and processes needed
by organizations to produce their products and deliver their service. In a regenerative framework, nature capital is not merely used but nurtured and enhanced, ensuring that it continues to support all forms of life and contributes to a self-sustaining ecosystem.

2. Social capital - Any value added to the activities and economic outputs of an organization by
human relationships, partnerships and co-operation.

3. Human capital - Incorporates the health, knowledge, skills, intellectual outputs, motivation and
capacity for relationships of the individual.

4. Manufactured capital - Refers to material goods and infrastructure owned, leased or controlled
by an organization such as tools, technology, machines, buildings and all forms of infrastructure.

5. Financial capital - Reflects the productive power and value of the other four types of capital
and includes those assets of an organization that exist in a form of currency that can be owned
or traded

The group can choose a framework to discuss (individual life, town/municipality, community, organization, country, business...) and critical approach on the concept. How does the concept reflect values and principles of participants and their networks? What is useful takeout and what should be added, changed or deleted? What does the terminology reflect? Who should be invited to a discussion like this and where the results should be implemented?

Variations

Resources

www.forumforthefuture.org/the-five-capitals medium.com/regenerative-development-series/the-five-capitals-playbook-a-game-plan-for-regenerative-cities-2d8a352e057b

Comments

An extensive ground work and research should be done by the facilitator before the discussion. Also visiting professionals' point of views are welcomed to expand the topic.