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Resource equivalency methods for assessing Environmental Damage in the EU

Objective

The goal of REMEDE is to develop, test and disseminate resource equivalency methods appropriate for determining the scale of complementary and compensatory remedial measures necessary to adequately offset environmental damage.

The project draws from both U S experience, in terms of methodological developments and implementation issues encountered, and experience of the EU Member States.

It aims to apply and develop these in accordance with the requirements of the Environmental Liability Directive and the EIA, and Habitats Directives, in order that one standard guidance can be applied to all damage cases in the EU.

The project brings together ecologists, economists and legal experts from the USA and Europe to review experience in the application of resource equivalency methods, draft a guidance document for the EU, test the guidance through application to at least four case studies in different Member States, and disseminate the guidance to relevant stakeholders.

Throughout the project stakeholder consultation and peer review are used to ensure the best possible results.

Call for proposal

FP6-2004-SSP-4
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Coordinator

ECONOMICS FOR THE ENVIRONMENT CONSULTANCY LIMITED
EU contribution
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Address
WSM Pinnacle House, 17-25 Hartfield Road, Wimbledon
LONDON
United Kingdom

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Total cost
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Participants (14)