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.
Here are some examples of the in-person training events we organised and run:
- Finance and Environment Ministry officials in Commonwealth countries through a workshop series organised by the Commonwealth Secretariat;
- Economic valuation training workshops for economists from Department for Environment, Food and Rural Affairs, Environment Agency for England and Wales, Joint Nature Conservation Committee Marine Team, Natural England, Health and Safety Executive and Forestry Commission;
- Introduction to environmental economics to the project appraisal teams at the European Investment Bank, economists and other scientists at the Mexican Ministry of Environment and various under and post graduate courses;
- Workshops on economic value of informal recreation and environment-enhancing flood risk management options for the Environment Agency for England and Wales;
- Workshops on the use of cost-benefit analysis and economic valuation to UK water company investment planners;
- Workshops on the use of socio-economic analysis for REACH Authorisation and Restrictions to the chemicals industry, and
- Delivering governance and technical training on the Environmental Liability Directive in eight Member States.
Courses are tailor-made to suit different needs and backgrounds and time periods.
We have also written a range of guidance documents and publications for national and international agencies on conducting appraisal, undertaking economic valuation, and on making the case for environmental protection and mitigating environmental damage. These include guidance on:
- Decision-making approaches including cost benefit analysis;
- Economic valuation – including stated preference methods and value transfer;
- Compendium of economic (or market-based) instruments;
- Definition and estimation of disproportionate cost under the Water Framework Directive;
- Resource equivalency methods under the Environmental Liability Directive;
- Marine Strategy Framework Directive economic analysis, and
- Flood and coastal erosion risk management – the use of value transfer in appraisal.
We also offer capacity building for developing countries.