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Development of Guidelines for Use of Benefits Transfer in Policy and Project Appraisal - NE0104

Description
These pages provide guidelines for valuing environmental impacts via value transfer. They augment guidance provided by Defra in An Introductory Guide to Valuing Ecosystem Services. (http://archive.defra.gov.uk/environment/policy/natural-environ/using/value.htm)

The guidelines will assist economists, policy analysts, scientists and other technical experts understand and present evidence on the environmental impacts of proposed policies and projects for decision-making.

The guidelines set out best practice for:

> Deciding if value transfer is appropriate for a given appraisal;
> Selecting the most appropriate approach to value transfer and applying an appropriate level of effort;
> Selecting the most suitable economic value evidence from the literature;
> Implementing the steps of value transfer; and
> Presenting the results of value transfer to inform decision-making.

The guidelines apply equally to policy and project appraisal or evaluation.

Project Documents
• FRP - Final Report : NE0104: Practical Steps for Valuing Environmental Impacts   (252k)
• ANX - Annex : Annex 1: Protocol for Primary Valuation Studies   (254k)
• ANX - Annex : Annex 2: Assessing the Quality of Primary Valuation Studies   (291k)
• ANX - Annex : Annex 3: Glossary of Econometric Terminology   (257k)
• EXE - Executive Summary : NE0104 - Executive Summary   (134k)
• OTH - Other : case study 1   (445k)
• OTH - Other : case study2   (273k)
• OTH - Other : NE0104 - Value Transfer Guidelines   (1142k)
• SUM - Summary Report : NE0104 introducation   (169k)
• SUM - Summary Report : Valuing Environmental Impacts: Practical Guidelines for the Use of Value Transfer in Policy and Project Appraisal - non tech summary   (262k)
• TRP - Technical Report : Valuing Environmental Impacts: Practical Guidelines for the Use of Value Transfer in Policy and Project Appraisal   (2566k)
Time-Scale and Cost
From: 2008

To: 2009

Cost: £62,974
Contractor / Funded Organisations
Economics for the Environment Consultancy
Keywords