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DISCOUNTING (OF NATURAL ASSETS)

Statistics Directorate    
French Equivalent: Actualisation des ressources naturelles

Definition:
Discounting (of natural assets) is a process of determining the present value (net worth) of assets by applying a discount rate to the expected net benefits from future uses of those assets.

The discount rate reflects the social preferences for current (as compared with future) uses.

Source Publication:
Glossary of Environment Statistics, Studies in Methods, Series F, No. 67, United Nations, New York, 1997.

Statistical Theme: Environmental statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, March 04, 2003