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The Policy Impacts of Environmental Valuations

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The Policy Impacts of Environmental Valuations

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Gerdes, Holger and Anneke von Raggamby 2008: “The policy impacts of environmental valuations”. Ökologisches Wirtschaften, No. 4/2008, 28-29.

Valuing both the environment and the changes in the level of environmental quality is of central importance to environmental policy formulation, as it puts the costs of obtaining certain environmental goals into perspective. In this article, which was published in the December 2008 issue of "Ökologisches Wirtschaften", Holger Gerdes and Anneke von Raggamby propose a methodology to assess the policy impacts of environmental valuations.

So far, there is no standard unit for measuring influence, nor an index for it. This article outlines a quantitative approach to measuring the policy impacts of valuation results. The method presented translates the abstract dimension ‘policy impact’ into a measurable unit. In this way, it is possible to assess and compare the policy impacts of different monetary assessments to each other. 

The ideas presented in the article have been developed in the context of the EXIOPOL Integrated Project, in which Ecologic is a partner.

The journal can be ordered for the price of 16,90 EUR from the website of the oekom Verlag.

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Language
English
Authorship
Published in
Journal: Ökologisches Wirtschaften, No. 4/2008
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Year
Dimension
2 pp.
ISSN
1430-8800
Project
Project ID
Keywords
Environmental economics, monetary valuation, policy-making