Environmental Value Look-Up (EVL) Tool
23 March 2016
The Environmental Value Look-Up (EVL) Tool is a searchable database which contains indicative monetary values for a range of environmental impacts. The unit values in the tool are based on a review of over 350 UK valuation studies that have been conducted since 2000. The EVL tool was developed for Defra by eftec to help analysts take better account of environmental impacts in policy and project appraisals. It is accompanied by a user guide that describes the tool’s content and intended uses including some worked examples. As part of the project, eftec also produced two discussion papers on applying values in ecosystem accounting and on valuing biodiversity. Further information is available here.