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Valuing the Environment: Six case studies

by Jean-Phillipe Barde

Comparing environmental valuation across six countries

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AlbakiReads Editorial

Comparing environmental valuation across six countries

This edited collection examines how monetary methods for assessing environmental costs and benefits are applied in six national contexts: the UK, Norway, Italy, the USA, Germany and the Netherlands. Its case-study structure brings together accounts of both emerging use and more established practice, alongside barriers such as limited government knowledge of environmental economics, competing policy priorities and environmental groups’ limited engagement with financial evaluation. The volume also considers developments in economic thinking connected to these methods. The result is a cross-country overview of the practical and institutional questions involved in putting economic valuation to work in environmental policy.

Good fit for readers who enjoy

  • Readers studying environmental economics or conservation policy
  • Readers interested in international comparisons of environmental assessment methods
  • Students and professionals examining the use of economic analysis in government decisions

Themes

Economic valuation of environmental costs and benefitsEnvironmental policy across national contextsInstitutional barriers to applying environmental economics

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Book overview

The 'Pearce Report', Blueprint for a Green Economy, puts the role which monetary evaluation of environmental costs and benefit. can play firmly into the public eye. This book goes further and looks at six countries where such evaluation techniques are applied and at the obstacles to their further use. The case studies, written by leading experts in each nation, show how these methods are being taken up in the UK, Norway and Italy and the ways in which they are already extensively in use in the USA, Germany and the Netherlands. The authors also describe the obstacles to their use, the lack of knowledge of environmental economics at government level; the competition from other government priorities; the failure of environmental groups to grasp the importance of financial evaluation to their cause. But, as this book makes clear, significant advances are being made, both in the implementation of these economic techniques and, above all, in striking and yet further developments in economic thinking.
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