Environmental Valuation: A Worldwide Compendium of Case by Jennifer Rietbergen-McCracken, Hussein Abaza

By Jennifer Rietbergen-McCracken, Hussein Abaza

At a time while constructing economies world wide are dealing with severe environmental difficulties, this better half quantity to financial tools for Environmental administration offers crucial info at the functions of financial valuation to atmosphere and improvement. It attracts on a three-year collaborative attempt related to study associations in Africa, Asia, Europe, Latin the USA and the Caribbean, coordinated by means of the United international locations setting Programme (UNEP). Authoritative experiences assessment the diversity of valuation tools utilized in constructing economies, their reasons, the issues encountered and the standard of the implications. themes lined comprise the price of natural world viewing, the conservation of rainforests, mangroves and coral reefs, providing rural water, and controlling city pollution. The research finds very important methodological and contextual elements, highlighting key classes and methods of strengthening destiny valuations. Written to be available to non-economists, the e-book presents invaluable resource fabric for college students and lecturers and for coverage makers and execs utilizing valuation the right way to body coverage. released in organization with the United international locations surroundings Programme.

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Environmental Valuation: A Worldwide Compendium of Case Studies

At a time whilst constructing economies all over the world are dealing with severe environmental difficulties, this better half quantity to fiscal tools for Environmental administration offers crucial info at the purposes of financial valuation to surroundings and improvement. It attracts on a three-year collaborative attempt concerning examine associations in Africa, Asia, Europe, Latin the US and the Caribbean, coordinated by way of the United countries setting Programme (UNEP).

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40 AFRICA CASESTUDIES Comprehensivenessof the Estimates O n a general note, the fact that the study included calculations of the price elasticities for non-residents and residents enhanced the comprehensiveness of the results and made the estimates useful for decision making purposes. 842). 99). Thispermittedtheestimation of recreational values and consumer surpluses for both residents and non-residents. 6 million US$. 0 million US$ calculated from the function and the observations, respectively.

Firstly, they suggest that alarger sample would increase confidence in the results. Secondly, they suggest that, although general considerations such as the number of women in the household and household education levels were included, an in-depth anthropological investigation should also be carried out todetermine whether social, cultural and political factors influence the choice of water source. Lastly, they suggest that more research is needed to determine whether house- VALUING TIME SPENT COLLECTINGWATER IN A KENYAN TOWN 31 holds’ valuation of time varies by hour of the day, day of the week, or between seasons.

The interviews took place during the peak tourist season (August t o December). Each in-person questionnaire lasted approximately twenty-five minutes andincluded information on socio-economic variables andotherinformationneededfortheTCMandCVM techniques. The existing sources of data used in the study included the annual revenue for LNNP, and the recorded number of visitors to the park in 1991. These were used to compare the actual revenue with the estimated recreational value of LNNP and to calculate the total recreational values of all visitors in 1991.

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