Resource description:
There is no clear definition of participatory economic valuation methods.
wo common features can be identified: a concern with reflecting stakeholders’ own perceptions, references and categories of value, and efforts to ensure that ecosystem service users and beneficiaries are directly involved in the valuation process. This p rofile focuses specifically on methods which aim to come up with estimates of the economic value of ecosystem services using participatory techniques.
Author/Contact:
ValuES: Methods for integrating ecosystem services into policy, planning, and practice
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Postfach 5180 / P.O. Box 5180, 65726 Eschborn, Deutschland / Germany
T + 49 6196 79-1321, E info@aboutvalues.net
Images
Advantages:
- Participatory economic valuation methods are particularly useful in situations where money is not the most important medium of exchange or accurate indicator of value, and in relation to products which are not traded or for w
Constraints:
- One potential weakness is that, due to the specificity of the estimates yielded, values cannot always be scaled up or compared between sites.
- the emphasis on stakeholder participation means that these methods require advanced expertise in facilitating stakeholder processes and in interpreting results.
Partners:
- Helmholtz Centre for Environmental Research - UFZ
- Conservation Strategy Fund (CSF)
- Federal Ministry for the Environment, Nature Conservation, Building and Nucelar Safety of the Federal Republic of Germany (Funding)
Licence:
- Free, no licence
Development stage:
- Full, working product