Resource

A concise guideline to economic valuation and social cost-benefit analysis

Image:

Author/Contact:

Mark Koetse

Institute for Environmnetal Studies, VU University Amsterdam

e: mark.koetse@vu.nl

Publication date:

Resource description:

In this guideline we give a concise overview of economic valuation methods for measuring ecosystem service values, and their pros and cons. We also discuss essential elements of social cost-benefit analyses that aim to incorporate ecosystem service values.

Requirements:

  • Some background in economic valulation of the environment and its methods
  • Some background in the economics of ecosystem services
  • Some background in social cost-benefit analysis

Advantages:

  • Concise guideline with limited technicalities
  • Broad applicability in terms of ecosystem services

Constraints:

  • Limited amount of detail (but references for further details included)
  • Limited to monetary valuation only

Additional information:

This product is not based on insights from particular case studies, but may be applied in all of them.

Licence:

  • Free, no licence

Development stage:

  • Full, working product