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The sustainable yield of
natural capital Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free goods and services, often called ecosystem services. All of t ...
is the
ecological yield Ecological yield is the harvestable population growth of an ecosystem. It is most commonly measured in forestry: sustainable forestry is defined as that which does not harvest more wood in a year than has grown in that year, within a given patch o ...
that can be extracted without reducing the base of capital itself, i.e. the
surplus Surplus may refer to: * Economic surplus, one of various supplementary values * Excess supply, a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determ ...
required to maintain
ecosystem services Ecosystem services are the many and varied benefits to humans provided by the natural environment and healthy ecosystems. Such ecosystems include, for example, agroecosystems, forest ecosystem, grassland ecosystems, and aquatic ecosystems ...
at the same or increasing level over time. The term only refers to resources that are renewable in nature as extracting non-renewable resources will always diminish the natural capital. The sustainable yield of a given resource will generally vary over time with the needs of the
ecosystem An ecosystem (or ecological system) consists of all the organisms and the physical environment with which they interact. These biotic and abiotic components are linked together through nutrient cycles and energy flows. Energy enters the syst ...
to maintain itself, e.g. a
forest A forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' ...
that has recently suffered a
blight Blight refers to a specific symptom affecting plants in response to infection by a pathogenic organism. Description Blight is a rapid and complete chlorosis, browning, then death of plant tissues such as leaves, branches, twigs, or floral organ ...
or
flooding A flood is an overflow of water ( or rarely other fluids) that submerges land that is usually dry. In the sense of "flowing water", the word may also be applied to the inflow of the tide Tides are the rise and fall of sea levels caus ...
or
fire Fire is the rapid oxidation of a material (the fuel) in the exothermic chemical process of combustion, releasing heat, light, and various reaction Product (chemistry), products. At a certain point in the combustion reaction, called the ignition ...
will require more of its own ecological yield to sustain and re-establish a mature forest. While doing so, the sustainable yield may be much less. The term sustainable yield is most commonly used in
forestry Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests, woodlands, and associated resources for human and environmental benefits. Forestry is practiced in plantations and natural stands. ...
, fisheries, and
groundwater Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in the fractures of rock formations. About 30 percent of all readily available freshwater in the world is groundwater. A unit of rock or an unconsolidat ...
applications. Sustainable yield is an important component of sustainable forest management. In the forestry context it is the largest amount of harvest activity that can occur without degrading the productivity of the stock. The idea of sustainable yield of forests had shifted focus from only output, to include maintaining production capacity and maintaining the natural renewal capacity of forest vegetation This concept is important in
fishery management The goal of fisheries management is to produce sustainable biological, environmental and socioeconomic benefits from renewable aquatic resources. Wild fisheries are classified as renewable when the organisms of interest (e.g., fish, shellfish, a ...
, in which sustainable yield is defined as the number of fish that can be extracted without reducing the base of fish stock, and the
maximum sustainable yield In population ecology and economics, maximum sustainable yield (MSY) is theoretically, the largest yield (or catch) that can be taken from a species' stock over an indefinite period. Fundamental to the notion of sustainable harvest, the concept of ...
is defined as the amount of fish that can be extracted under given environmental conditions. In fisheries, the basic natural capital or virgin population, must decrease with extraction. At the same time productivity increases. Hence, sustainable yield would be within the range in which the natural capital together with its production are able to provide satisfactory yield. It may be very difficult to quantify sustainable yield, because every dynamic ecological conditions and other factors not related to harvesting induce changes and fluctuations in both, the natural capital and its productivity. In the case of
groundwater Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in the fractures of rock formations. About 30 percent of all readily available freshwater in the world is groundwater. A unit of rock or an unconsolidat ...
there is a safe yield of water extraction per unit time, beyond which the
aquifer An aquifer is an underground layer of water-bearing, permeable rock, rock fractures, or unconsolidated materials ( gravel, sand, or silt). Groundwater from aquifers can be extracted using a water well. Aquifers vary greatly in their characteri ...
risks the state of
overdrafting Overdrafting is the process of extracting groundwater beyond the equilibrium yield of an aquifer. Groundwater is one of the largest sources of fresh water and is found underground. Groundwater depletion is comparable to a bank account in which mor ...
or even depletion.


See also

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Sustainable yield in fisheries The sustainable yield of natural capital is the ecological yield that can be extracted without reducing the base of capital itself, i.e. the surplus required to maintain ecosystem services at the same or increasing level over time. This yield usual ...
*
Sustained yield The Multiple-Use Sustained-Yield Act of 1960 (or MUSYA) (Public Law 86-517) is a federal law passed by the United States Congress on June 12, 1960. This law authorizes and directs the Secretary of Agriculture to develop and administer the renewabl ...
*
Maximum sustainable yield In population ecology and economics, maximum sustainable yield (MSY) is theoretically, the largest yield (or catch) that can be taken from a species' stock over an indefinite period. Fundamental to the notion of sustainable harvest, the concept of ...
*
Hans Carl von Carlowitz Hans Carl von Carlowitz, originally ''Hannß Carl von Carlowitz'' (24 December 1645 - 3 March 1714), was a Saxon tax accountant and mining administrator. His book ''Sylvicultura oeconomica, oder haußwirthliche Nachricht und Naturmäßige Anweisu ...
, who pioneered the mathematics behind sustained yield with his 1713 treatise


References


Notes

Environmental conservation Renewable resources {{Sustainability-stub