Costing environmental damage
- Analysing project environmental costs
Description
Costing environmental damage involves systematically quantifying the economic value of harm caused by pollution, resource depletion, and ecosystem degradation. This strategy enables policymakers and businesses to integrate environmental costs into decision-making, promoting accountability and more sustainable practices. By assigning monetary values to environmental impacts, it supports the development of effective regulations, incentives, and remediation measures, ensuring that the true costs of environmental harm are recognized and addressed in economic and planning processes.
Context
An important step in determining what should be done about environmental damage is to value it and compare it with the cost of preventing the damage.
Broader
Narrower
Constrained by
Facilitates
Facilitated by
Problem
Value
Reference
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Fundamental sciences » Analytics
Commerce » Purchasing, supplying
Societal problems » Destruction
Environment » Environment
Content quality
Yet to rate
Language
English
1A4N
J1389
DOCID
12013890
D7NID
206571
Editing link
Official link
Last update
Dec 3, 2024