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Valuation of Damages

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Abstract

The valuation approach adopted in this study is demonstrated in Figure 2.1 below. Ideally one would like to start with the basic relationship between the pollution sources and the environmental impacts (going from emissions to concentrations to impacts). Then one would go on to value the impacts associated with specific sources. In fact, at the national level, such an approach would be extremely time consuming. Instead, what has been done is to start with the spatial distribution of concentrations and value their impacts. At a later stage (in GARP II) the concentrations will be attributed to different sources.

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© 1999 Springer Science+Business Media Dordrecht

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Markandya, A., Pavan, M. (1999). Valuation of Damages. In: Markandya, A., Pavan, M. (eds) Green Accounting in Europe — Four case studies. Fondazione ENI Enrico Mattei (FEEM) Series on Economics, Energy and Environment, vol 11. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-4597-8_2

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  • DOI: https://doi.org/10.1007/978-94-011-4597-8_2

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-0-7923-5600-4

  • Online ISBN: 978-94-011-4597-8

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