Table 3. Description of asset classes relevant to marine sectors (adapted in part from Scoones 1998).

Asset Classes Description
Ecological Natural resource stocks (soil, water, air, genetic resources) and environmental services (carbon and hydrological cycles, pollution sinks, etc.) from which useful resource flows and services are derived
Social/human Social resources (relationships of trust, connectedness, reciprocity, and exchanges) gained through membership of collective networks and individual endowments (skills, knowledge, information, health, ability to work) that facilitate access to social resources
Economic/financial Economic conditions (profitability, economic activity, and market conditions) that influence business viability and financial resources (savings, access to credit, and liquid assets readily converted to goods, remittances, and pensions) essential for a viable business
Institutional/political Formal and informal instruments for decision making and the influences applied in decision making
Infrastructural/technological Infrastructure, technology, tools, and equipment needed for communications and to produce food, commodities, and services.