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COST BASED PRICING TECHNIQUES

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Definition:
Degradation pricing techniques based on the costs of maintaining an adequate standard of environmental functions. They comprise avoidance costs and restoration (remedial) costs.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank , 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 9.35.

Cross References:
Cost-based pricing

Statistical Theme: Environmental statistics

Created on Monday, July 04, 2005

Last updated on Tuesday, April 23, 2013