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96/12June 1996DocumentsStatistics Norway Research DepartmentEnvironmental Valuation, Cost Benefit Analysis and Policy Making: A Survey1. Introduction Monetary valuation of environmental goods has

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What is environmental valuation cost-benefit analysis?

Environmental valuation cost-benefit analysis is a method used to assess the monetary value of environmental benefits and costs associated with a project or policy. It helps in decision-making by comparing the costs and benefits and determining whether the project or policy is economically justifiable.

Who is required to file environmental valuation cost-benefit analysis?

The requirement to file environmental valuation cost-benefit analysis depends on the regulations of the particular jurisdiction. Generally, government agencies, organizations, and businesses undertaking projects or policies that may have significant environmental impacts are required to conduct and file the analysis.

How to fill out environmental valuation cost-benefit analysis?

Filling out environmental valuation cost-benefit analysis involves several steps. These include identifying the project or policy, assessing the environmental impacts, estimating the costs and benefits, assigning monetary values to them, and conducting a cost-benefit analysis. Specific guidelines prescribed by the regulatory authorities need to be followed for accurate reporting.

What is the purpose of environmental valuation cost-benefit analysis?

The purpose of environmental valuation cost-benefit analysis is to provide a systematic framework for evaluating the net benefits of a project or policy, taking into account both environmental and economic factors. It helps decision-makers in understanding the trade-offs between competing alternatives and making informed choices that maximize overall social welfare.

What information must be reported on environmental valuation cost-benefit analysis?

The information that must be reported on environmental valuation cost-benefit analysis typically includes details about the project or policy being assessed, its environmental impacts, estimation of costs and benefits, methodology used, assumptions made, and the results of the cost-benefit analysis.