Resource

Valuing Nature: Demystifying Economic Valuation Paper

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Author/Contact:

The editors are Ece Ozdemiroglu and Rosie Hails from the Valuing Nature Programme Coordination Team.

Email: info@valuingnature.net

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Resource description:

This paper covers the main issues, questions and principles surrounding economic valuation and is designed as an overview for those new to economic valuation. The paper brings together input from 120 volunteers from the economic valuation community. The paper provides a summary of agreed principles to help communication with other Valuing Nature research disciplines and users of economic value evidence.

Requirements:

  • This paper from Valuing Nature can be downloaded as a pdf so an internet connection or PDF viewer is required.

Advantages:

  • The paper brings together input from 120 volunteers from the economic valuation community. The editors are Ece Ozdemiroglu and Rosie Hails from the Valuing Nature Programme Coordination Team.
  • The 'Demystifying Economic Valuation' group provided comments which have been used to design the contents of the paper. More information about the process to develop the paper can be found at: http://valuing-nature.net/economics
  • The paper provides a summary of agreed principles to help communication with other Valuing Nature research disciplines and users of economic value evidence.

Uses of this resource:

This new 12 page paper covers the main issues, questions and principles surrounding economic valuation and is designed as an overview for those new to economic valuation.
The paper covers the following topics:
    •    Why economic valuation?
    •    What is economic valuation?
    •    How do we estimate economic value?
    •    Whose values count?
    •    How do we use economic values in decision making?
    •    But economic values vary! And so they should!
    •    How to communicate economic value evidence.

Partners:

Licence:

  • Free, no licence

Development stage:

  • Full, working product

Quality assurance:

  • Scientific peer review
  • Own QA and testing
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