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Is Valuing Nature Contributing to Policy Development?

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Abstract:

This paper examines technical, ethical and ecological science perspectives on environmental valuation, and discusses problems in terms of the implications for practical policy-making. It suggests that all these perspectives raise legitimate concerns about the use of stated preference methods, but concludes that such methods still have a role to play in policy making for nature conservation provided they are applied in the right circumstances, designed very carefully, and used in conjunction with other decision-making tools.

Keywords: biodiversity valuation; cost-benefit; ecosystem functions; nature

Document Type: Research Article

DOI: http://dx.doi.org/10.3197/096327100129342182

Publication date: November 1, 2000

More about this publication?
  • Environmental Values is an international peer-reviewed journal that brings together contributions from philosophy, economics, politics, sociology, geography, anthropology, ecology and other disciplines, which relate to the present and future environment of human beings and other species. In doing so we aim to clarify the relationship between practical policy issues and more fundamental underlying principles or assumptions.

    Environmental Values has an impact factor (2014) of 1.056.
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