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VALUATION OF NATURAL ASSETS

Statistics Directorate    
French Equivalent: Evaluation des actifs naturels

Definition:
Valuation of natural assets are methods of applying a monetary value to natural assets in environmental accounting that include:

(a) market valuation,
(b) direct non—market valuation such as the assessment of the willingness to pay for environmental services (contingent valuation), and
(c) indirect non-market valuation, for example, costing of environmental damage or of compliance with environmental standards.

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

Cross References:
Contingent valuation
Maintenance (cost) valuation (environmental accounting)
Market valuation

Statistical Theme: Environmental statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, November 19, 2001