1945

Module 8: Using valuation results in policymaking and decision making

ES valuation has been the subject of a broad and fast-growing literature since the early 1990s (e.g. Adamowicz, 2004; Costanza, Farber and Troy, 2010). Increasingly, such valuations need to be considered as a resource for decision making and in policy and project design (Laurans et al., 2013). Advocates have high expectations that (economic) assessments and valuations of ESs can influence policies aimed at averting the degradation of ESs and biodiversity loss (Heal et al., 2005). This module looks at how valuation studies are being used to inform policymaking.

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