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Social processes for environmental valuation: Procedures and institutions for social valuations of natural capitals in environmental conservation and sustainability policy.

Deliverables

Summary: The purpose of the VALSE research project has been to demonstrate effective methods for valuation of environmental amenities and natural capitals for conservation and sustainability policy purposes. Valuation and choice have been approached "from the point of view of complexity" - that is, in a multi-dimensional perspective reflecting the variety of scales over which a problem may be considered and the range of individual and collective interests that may be involved. For example: Individual have specific interests in the environment as habitat, recreational space, cherished heritage , and space of economic opportunities; There are social ands collective dimensions of choice reflecting both scientific and social properties of the choice situations; Scientific features of significant may include the indivisibility - that is, the collective character - of many environmental goods, services and hazards, the irreversibility of environmental change, and the uncertainties of complex systems; People can express views individually and as participants in community, on dimensions of value relating to collective systems; Issues of fairness, justice and responsibility include considerations relating to the geographical and inter-temporal distributions of costs, risks and benefits, and extend to conflicts and compromises over what is just, right , and proper.

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