Our clients include UK public and private sector, international organisations and non-governmental organisations. In addition to the UK, we have undertaken work in other EU countries, Turkey, China, Sri Lanka, Kenya, South Africa, Zimbabwe, Peru and Canada.
Valuing ecosystem services
Understanding what economic value means
Understanding and measuring the economic value of ecosystem services is crucial to ensuring a healthy natural environment that continues to provide for the wellbeing of society overall and support a productive economy.
Policy and project appraisal
Including economic values in decision making
Policy and investment decisions are increasingly based on evidence that includes not only financial impacts but also economic values of social and environmental costs and benefits. We provide practical support to clients through the whole decision cycle including setting objectives, screening options, and identifying, quantifying and comparing the costs and benefits of action against a baseline of the current situation or business as usual.
Policy and investment design
Capturing the economic value of ecosystem services
‘Capturing’ the economic value means that economic values that we estimate are turned into actual money. This could be through policy instruments that make the polluters pay for the environmental damage they cause, such as full cost pricing, green taxes, tradeable permits and voluntary agreements. It could also be through the creation of new markets that capture the benefits (positive values) of the environment such as payments for ecosystem services, biodiversity offsets and habitat banking.
Capacity Building
Putting environmental economics into practice
Capacity building involves both in person engagement like workshops and seminars and guidance documents we prepare for experts to use in their own time. Both cover all aspects of environmental economics: valuation of environmental resources, policy design and appraisal.
