Monetary Valuation of Environmental Impacts

Monetary Valuation of Environmental Impacts PDF Author: Bengt Steen
Publisher: CRC Press
ISBN: 0429772351
Category : Nature
Languages : en
Pages : 149

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Book Description
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.

Monetary Valuation of Environmental Impacts

Monetary Valuation of Environmental Impacts PDF Author: Bengt Steen
Publisher: CRC Press
ISBN: 0429772351
Category : Nature
Languages : en
Pages : 149

Get Book

Book Description
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.

Monetary Valuation of Environmental Impacts

Monetary Valuation of Environmental Impacts PDF Author: BENGT. STEEN
Publisher: CRC Press
ISBN: 9781032086248
Category :
Languages : en
Pages : 8

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Book Description
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 PDF Author:
Publisher: DIANE Publishing
ISBN: 1428914587
Category : Environmental engineering
Languages : en
Pages : 202

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Book Description


Valuing Ecosystem Services

Valuing Ecosystem Services PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030909318X
Category : Science
Languages : en
Pages : 291

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Book Description
Nutrient recycling, habitat for plants and animals, flood control, and water supply are among the many beneficial services provided by aquatic ecosystems. In making decisions about human activities, such as draining a wetland for a housing development, it is essential to consider both the value of the development and the value of the ecosystem services that could be lost. Despite a growing recognition of the importance of ecosystem services, their value is often overlooked in environmental decision-making. This report identifies methods for assigning economic value to ecosystem servicesâ€"even intangible onesâ€"and calls for greater collaboration between ecologists and economists in such efforts.

Economic Evaluation of Environmental Impacts

Economic Evaluation of Environmental Impacts PDF Author:
Publisher:
ISBN: 9789715610803
Category : Business & Economics
Languages : en
Pages : 64

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

Sustainability and Environmental Decision Making

Sustainability and Environmental Decision Making PDF Author: Euston Quah
Publisher: Springer
ISBN: 9789811592867
Category : Business & Economics
Languages : en
Pages : 467

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Book Description
The primary aim of this reference volume is to provide an accessible and comprehensive review of current methods used to address resource evaluation and environmental as well as climate issues, and in a manner easily understood by decision-makers and the non-economists interested in environmental policy matters. Theoretical insight and empirical observations from various countries will be presented and recommendations on sustainable environmental decision-making will be given. Natural resource managers, environmental and climate decision-makers, government policy makers, and economics scholars will all find this volume to be an essential reference.

Perspectives on Biodiversity

Perspectives on Biodiversity PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 030906581X
Category : Science
Languages : en
Pages : 166

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Book Description
Resource-management decisions, especially in the area of protecting and maintaining biodiversity, are usually incremental, limited in time by the ability to forecast conditions and human needs, and the result of tradeoffs between conservation and other management goals. The individual decisions may not have a major effect but can have a cumulative major effect. Perspectives on Biodiversity reviews current understanding of the value of biodiversity and the methods that are useful in assessing that value in particular circumstances. It recommends and details a list of components-including diversity of species, genetic variability within and among species, distribution of species across the ecosystem, the aesthetic satisfaction derived from diversity, and the duty to preserve and protect biodiversity. The book also recommends that more information about the role of biodiversity in sustaining natural resources be gathered and summarized in ways useful to managers. Acknowledging that decisions about biodiversity are necessarily qualitative and change over time because of the nonmarket nature of so many of the values, the committee recommends periodic reviews of management decisions.

Environmental Policy Benefits

Environmental Policy Benefits PDF Author: David William Pearce
Publisher: Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre
ISBN:
Category : Business & Economics
Languages : en
Pages : 100

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Book Description


Ecosystem Services

Ecosystem Services PDF Author: Inge Liekens
Publisher: Elsevier Inc. Chapters
ISBN: 0128074175
Category : Nature
Languages : en
Pages : 456

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Book Description
This chapter introduces the concept of monetary valuation of ecosystem services (ES) and lists the available methods. It discusses what exactly can be valued and the possible use of economic valuation in valuing ecosystem services. Examples of valuation exercises in Belgium are given. We conclude that monetary valuation is promising to value the impact of small changes in ecosystem services on human welfare. The different methods used to value these changes all have advantages and disadvantages. Although some relevant issues concerning the methods themselves remain, the most important issue is to determine how to make practical use of the available data in policy decisions. Guidance is needed on how the data should be used for value transfer.

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill

Approaches for Ecosystem Services Valuation for the Gulf of Mexico After the Deepwater Horizon Oil Spill PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309211794
Category : Science
Languages : en
Pages : 162

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Book Description
On April 20, 2010, the Deepwater Horizon platform drilling the Macondo well in Mississippi Canyon Block 252 (DWH) exploded, killing 11 workers and injuring another 17. The DWH oil spill resulted in nearly 5 million barrels (approximately 200 million gallons) of crude oil spilling into the Gulf of Mexico (GoM). The full impacts of the spill on the GoM and the people who live and work there are unknown but expected to be considerable, and will be expressed over years to decades. In the short term, up to 80,000 square miles of the U.S. Exclusive Economic Zone (EEZ) were closed to fishing, resulting in loss of food, jobs and recreation. The DWH oil spill immediately triggered a process under the U.S. Oil Pollution Act of 1990 (OPA) to determine the extent and severity of the "injury" (defined as an observable or measurable adverse change in a natural resource or impairment of a natural resource service) to the public trust, known as the Natural Resources Damage Assessment (NRDA). The assessment, undertaken by the trustees (designated technical experts who act on behalf of the public and who are tasked with assessing the nature and extent of site-related contamination and impacts), requires: (1) quantifying the extent of damage; (2) developing, implementing, and monitoring restoration plans; and (3) seeking compensation for the costs of assessment and restoration from those deemed responsible for the injury. This interim report provides options for expanding the current effort to include the analysis of ecosystem services to help address the unprecedented scale of this spill in U.S. waters and the challenges it presents to those charged with undertaking the damage assessment.