Monetary Valuation Of Environmental Impacts


Monetary Valuation Of Environmental Impacts
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Monetary Valuation Of Environmental Impacts


Monetary Valuation Of Environmental Impacts
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Author : Bengt Steen
language : en
Publisher: CRC Press
Release Date : 2019-11-11

Monetary Valuation Of Environmental Impacts written by Bengt Steen and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-11 with Nature categories.


The book is meant to improve our understanding of sustainable development of production and consumption. Monetary values of the impact of emission and resources are determined, and used in environmental management, with a focus on sustainability. Values related to cultural context are not possible to predict, therefore ignored. The book only focuses on environmental goods and services that are used to satisfy basic human needs. One of the benefits of monetary valuation is its holistic approach. The impact of any contributing factor on the total value, can be determined, and the sensitivity to uncertainty in inputs can be estimated. This is useful in developing knowledge, where it is most needed. In a society, there are many economic units which need to function in tandem to support human welfare. Each unit has its own system boundary in what it includes and covers in time and space. The system boundary of a sustainable unit is likely to be very long and wide. This book provides data on long term monetary values of environmental impacts from human activities. It discusses the choice of system boundaries, and how to use monetary values in sustainable development. A large part of the book describes impact models in terms of the relation between emissions and natural goods and services.



Review Of Monetary And Nonmonetary Valuation Of Environmental Investments


Review Of Monetary And Nonmonetary Valuation Of Environmental Investments
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Author :
language : en
Publisher: DIANE Publishing
Release Date : 1995

Review Of Monetary And Nonmonetary Valuation Of Environmental Investments written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Environmental engineering categories.




Environmental Policy Benefits


Environmental Policy Benefits
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Author : David William Pearce
language : en
Publisher: Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre
Release Date : 1989

Environmental Policy Benefits written by David William Pearce and has been published by Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.




Economic Evaluation Of Environmental Impacts


Economic Evaluation Of Environmental Impacts
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Author :
language : en
Publisher:
Release Date : 1996

Economic Evaluation Of Environmental Impacts written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.


This workbook provides the nonspecialist a set of working tools to incorporate environmental costs and benefits within project analysis.



Alternatives For Environmental Valuation


Alternatives For Environmental Valuation
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Author : Michael Getzner
language : en
Publisher: Routledge
Release Date : 2004-10-21

Alternatives For Environmental Valuation written by Michael Getzner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-10-21 with Business & Economics categories.


Methods for raising awareness of how human’s value the environment range from monetary valuation through to greater public participation in decisions. In this book a group of international experts explore innovative alternatives which are critically evaluated and compared. Lessons are drawn from both the successes and failures of different approaches. Case studies address a wide variety of cutting edge environmental problems from agro-forestry and wetlands to climate change, biodiversity and genetically modified organisms.



The Economic Value Of Natural And Environmental Resource


The Economic Value Of Natural And Environmental Resource
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Author : Frew Hailu
language : de
Publisher: GRIN Verlag
Release Date : 2014-11-10

The Economic Value Of Natural And Environmental Resource written by Frew Hailu and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-10 with Business & Economics categories.


Studienarbeit aus dem Jahr 2013 im Fachbereich VWL - Umweltökonomie, , Veranstaltung: Environmental Economics, Sprache: Deutsch, Abstract: Monetary valuation of environmental goods has by now become the subject of numerous economic books and articles. Interest in the topic seems to be increasing in the economics profession, and theoretical insight, methodological improvements and the numbers of empirical findings are expanding rapidly. The aim of such valuation is usually to incorporate environmental concerns into a cost-benefit analysis. Another purpose is to construct environmentally adjusted national income measures Environmental value estimates have also been combined with macroeconomic models, e.g. to estimate welfare effects of a climate treaty Further, estimated willingness to pay is now accepted in the USA as a basis for legal compensation claims for damages to natural resources caused by spill of hazardous substances (Nyborg, 1996) Valuation can simply be defined “as an attempt to put monetary values or to environmental goods and services or natural resources”. It is a key exercise in economic analysis and its results provide important information about values of environmental goods and services. This information can be used to influence decisions about wise use and conservation of forests and other ecosystems. The basic aim of valuation is to determine people’s preferences by gauging how much they are willing to pay (WTP) for given benefits or certain environmental attributes e.g. keep a forest ecosystem intact. In other words, valuation also tries to gauge how much worse off they would consider themselves to be as a result of changes in the state of the environment such as degradation of a forest. Economic valuation never refers to a stock, but only the change in a stock. If one speaks of the economic value of biodiversity, then one always means the economic value of a change of biodiversity. It is not a question of determining the ‘true’ value of biodiversity or ecosystems but valuing changes and comparing them with their alternatives, e.g. with a golf course vs without a golf course. Thus it is non-sense to ask “how much are the African National Parks worth?” A plausible question in this case would be: ‘WWF has proposed a new policy to prevent the huge losses of wildlife species from African National Parks. What is the monetary value of the benefits of this policy (i.e., the economic damages avoided)? Economists thus stress that the valuation should focus on changes rather than levels of biodiversity or ecosystem. [...]



Valuing The Environment


Valuing The Environment
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Author : Jean-Phillipe Barde
language : en
Publisher: Taylor & Francis
Release Date : 2023-05-09

Valuing The Environment written by Jean-Phillipe Barde and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-09 with Business & Economics categories.


The 'Pearce Report', Blueprint for a Green Economy, puts the role which monetary evaluation of environmental costs and benefit. can play firmly into the public eye. This book goes further and looks at six countries where such evaluation techniques are applied and at the obstacles to their further use. The case studies, written by leading experts in each nation, show how these methods are being taken up in the UK, Norway and Italy and the ways in which they are already extensively in use in the USA, Germany and the Netherlands. The authors also describe the obstacles to their use, the lack of knowledge of environmental economics at government level; the competition from other government priorities; the failure of environmental groups to grasp the importance of financial evaluation to their cause. But, as this book makes clear, significant advances are being made, both in the implementation of these economic techniques and, above all, in striking and yet further developments in economic thinking.



Valuing The Environment In Developing Countries


Valuing The Environment In Developing Countries
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Author : David Pearce
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01

Valuing The Environment In Developing Countries written by David Pearce and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Social Science categories.


The substantial and growing interest in the monetary valuation of preferences for environmental improvement, and against environmental damage, has prompted a demand for case studies illustrating methodologies and applications of valuation techniques. In this book, the first of two volumes, the authors provide detailed case studies of valuation techniques that have been used in developing countries. They demonstrate that valuation works and that it can yield significant insights into policy-relevant issues regarding conservation and economic development. The authors address a whole range of environmental issues under the broad themes of water and air quality, biological diversity and forest functions. The economic approaches covered include contingent valuation, hedonic property prices, travel cost methodologies and benefits transfer. They also go on to look at the idea of extending national accounts to reflect changes in environmental assets. Examples of the varied and interesting case studies include valuing improvements to sanitation in Malaysia, the value of visits to game parks in South Africa and tropical forest values in Mexico. They highlight how valuation techniques can be applied, often with limited resources, to critical development issues. Academics and practitioners of environmental economics will draw great value from this unique and original work, as will the many multilateral and bilateral aid agencies. The book will also prove a valuable addition to graduate and undergraduate courses in environmental economics where there is a need for case material.



Environmental Valuation As Part Of Project Appraisal By The World Bank


Environmental Valuation As Part Of Project Appraisal By The World Bank
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Author : Michael Reitinger
language : en
Publisher: GRIN Verlag
Release Date : 2017-01-11

Environmental Valuation As Part Of Project Appraisal By The World Bank written by Michael Reitinger and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-11 with Business & Economics categories.


Master's Thesis from the year 2011 in the subject Economics - Other, grade: 1,0, University of Manchester (School of Environment and Development), course: International Development, language: English, abstract: In face of scarce resources and growing population, sustainability became the term used to consider the needs of future generations in the decision making process referring projects. The World Bank, as one of the major players in the field of development research and practice, aggregates information from different areas in the project appraisal document (PAD) in order to allow for sustainability. One of the approaches used to measure environmental impacts of a project is economic valuation of environmental goods and services. The results of this approach flow into the cost benefit analysis, which is part of the economic analysis. Although substantial critique has been expressed over the last decades, environmental valuation and costbenefit analysis are considered sensible tools in the context of decision making over project funding. This is especially the case because of tremendous development of these techniques over the last decades. This study shows that the World Bank, as one of the leading institutions in the world, treats this topic from two different perspectives. First, there is the theoretical side. Here the World Bank sets out ideal procedures, under their rules and guidelines, and publishes papers and reports with respect to further development of underlying methods. The aim here is to allow for measurement of total social welfare, or in other words measurement of the complete picture of environmental costs and benefits associated with a project. Second there is the practical side, were the World Bank adjusts environmental valuation techniques in order to understand the most important costs and benefits associated with a project, where measurement of the total social welfare of a project is not the target. In this case the aim is to collect sufficient information to allow making a funding decision, rather than understanding the complete picture. This impression is caused by findings from the case study which showed that during project appraisal obvious environmental benefits have not been measured.



Environmental Valuation


Environmental Valuation
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Author : Jennifer Rietbergen-McCracken
language : en
Publisher: Routledge
Release Date : 2013-10-11

Environmental Valuation written by Jennifer Rietbergen-McCracken and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-11 with Business & Economics categories.


This companion volume to Economic Instruments for Environmental Management presents essential information on the applications of economic valuation to environment and development. It draws on a three-year collaborative effort by research institutions around the world. Authoritative studies review the range of valuation methods used in developing economies, their purposes, the problems encountered and the quality of the results. Topics covered include the value of wildlife viewing, the conservation of rainforests, mangroves and coral reefs, supplying rural water, and controlling urban air pollution. The analysis reveals important methodological and contextual factors, highlighting key lessons and ways of strengthening future valuations. Written to be accessible to non-economists, the book provides source material for students and academics, and for policy-makers and professionals, using valuation methods to frame policy.