The SVAB project pushes beyond current practices in non-market valuation by incorporating multiple spatial factors in survey design and data collection. This approach allows for a more nuanced understanding of how location and spatial relationships influence biodiversity values.
Expected results include:
1. High-impact publications in environmental economics and policy oriented journals.
2. Enhanced tools for policymakers to assess the value of biodiversity conservation and restoration projects.
3. More accurate data to inform EU and national environmental policies.
The project's socio-economic impact is potentially far-reaching. By providing more accurate valuations, it can lead in the future to more effective biodiversity conservation policies, better allocation of resources for nature restoration, and improved decision-making in land-use planning. This could result in better-preserved ecosystems, enhanced biodiversity, and improved quality of life for citizens.
Furthermore, the methodology developed has applications beyond biodiversity, potentially influencing various areas of public policy related to the environment. The project also contributes to Europe's research capacity, with the researcher now poised to lead a research team and pursue further innovative studies in this field.