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French Equivalent: Côut écologique

Environmental costs are costs connected with the actual or potential deterioration of natural assets due to economic activities.

Such costs can be viewed from two different perspectives, namely as (a) costs caused, that is, costs associated with economic units actually or potentially causing environmental deterioration by their own activities or as (b) costs borne, that is, costs incurred by economic units independently of whether they have actually caused the environmental impacts.

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

Cross References:
Damage cost
Defensive environmental costs

Statistical Theme: Environmental statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, March 4, 2003