strategy
Costing environmental damage
Synonyms:
Analysing project environmental costs 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:
Planning projectsUsing full cost accountingAnalysing economic impactsAssessing environmental impactsAssessing environmental impactsImplementing economic appraisal for proposed development activities Narrower:
Conducting environmental site assessment Constrained by:
Measuring sustainabilityRecognizing environmental resource base for economic activity Facilitates:
Designing for environmentProtecting global environmentManaging tourism for both recreation and conservationProtecting the environment from contaminationDeveloping integrated environmental frameworksProtecting against environmental hazards from industryRevealing hidden environmental costs of economic productionInternalizing the environment and health costs of transport systemsProtecting against hazards to human health in the natural environmentProtecting against environmental hazards from agricultural and pastoral activities Facilitated by:
Internalizing environmental costsResearching economics of conservationEstablishing comprehensive environmental law systemImproving methodologies for estimating environmental costsIntegrating biodiversity concerns into liability mechanismsStrengthening national environmental data assessment capabilitiesCooperating on cost-effect analysis and environmental impact procedures Problems:
Environmental degradationEnvironmental degradation due to creation of dams
Environmental pollution
Environmental stress of natural systems
Failure to take account of externalities of systems
Inadequate economic statistics
Inadequate evaluation of environmental costs
Incompatibility of environmental and economic decision-making
Social environmental degradation from recreation and tourism
Unaccountability of institutions degrading the environment
Values:
Damage Subjects:
Fundamental Sciences → AnalyticsCommerce → Purchasing, supplying
Societal Problems → Destruction
Environment → Environment
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
