I certainly think so.
At least in the way that they are usually talked about in parenting circles. As if natural consequences are a tool to be used in raising our children.
If a child drops a cup of water on the floor the natural consequence would be that the floor is wet. However, what some parents would call a “natural consequence” is that the child must clean it up on their own. This isn’t a natural consequence, it’s an imposed or extrinsic consequence. A natural consequence is something no one makes or chooses to happen.
I think parents are more likely to motivate without fear, guilt, shame or obligation which are the only results punishment yields.