Costing environmental damage
- Analysing project environmental costs
Description
Costing environmental damage involves systematically quantifying the financial impact of environmental harm caused by human activities. This strategy enables policymakers, businesses, and communities to recognize the true costs of pollution, resource depletion, and ecosystem degradation. By assigning monetary values to environmental losses, it supports the development of targeted regulations, incentives, and restoration measures, ensuring that environmental costs are integrated into decision-making and promoting more sustainable practices to prevent and remediate specific environmental problems.
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