Monetary valuation of environmental impacts - Models and data
Book, 2019

The book is meant to improve our understanding of sustainable development of production and consumption. Monetary values of the impact of emission and resources are determined, and used in environmental management, with a focus on sustainability. Values related to cultural context are not possible to predict, therefore ignored. The book only focuses on environmental goods and services that are used to satisfy basic human needs.

One of the benefits of monetary valuation is its holistic approach. The impact of any contributing factor on the total value, can be determined, and the sensitivity to uncertainty in inputs can be estimated. This is useful in developing knowledge, where it is most needed.

In a society, there are many economic units which need to function in tandem to support human welfare. Each unit has its own system boundary in what it includes and covers in time and space. The system boundary of a sustainable unit is likely to be very long and wide. This book provides data on long term monetary values of environmental impacts from human activities. It discusses the choice of system boundaries, and how to use monetary values in sustainable development. A large part of the book describes impact models in terms of the relation between emissions and natural goods and services.

Environmental impact valuation

circular economy


Life Cycle Assessment

Ecological economy

Environmental management

Natural capital


Bengt Steen

Chalmers, Technology Management and Economics, Environmental Systems Analysis

Development of methodology to communicate environmental damage cost data

Swedish Energy Agency, 2016-10-01 -- 2017-12-31.

Nature Capital and Value Creation

Swedish Energy Agency, 2018-11-15 -- 2020-05-31.

Driving Forces

Sustainable development

Areas of Advance


Building Futures (2010-2018)



Materials Science

Subject Categories

Social Sciences Interdisciplinary

Other Environmental Engineering

Environmental Management




Taylor & Francis Group,

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