Monetary Valuation of Environmental Impacts

Bengt Steen

"Linking environmental impacts from human activities, to the economy is generally advocated. But the non-availability of actual monetary values of impacts, hinders its use in practical terms. Another problem is the poor understanding of what is available, and the very different values it represents. The book describes how monetary values are determined, and provides a comprehensive set of long-term monetary values that may be used as default in environmental management with a focus on sustainability. Besides being a support to decisions, monetary valuation of environmental impacts offer an opportunity to learn about small and large environmental impacts"--