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Water sensitive systems and practices provide multiple indirect benefits such as environmental and ecological services. However, due to a lack of information on the monetized value of these services many of these services are not considered during investment decision making. The compilation and synthesis of existing non-market valuation estimates of the monetary value of water sensitive systems and practices, by making reference values readily available, can encourage the incorporation of indirect benefit value information in the investment decision process.
In this presentation, we will show results from selected non-market valuation studies that have been carried out within the CRC for Water Sensitive Cities. We will also share our findings from an extensive literature review of existing non-market valuation studies. Finally, the potential for transferring/ adjusting these non-market valuation estimates from on one location to another and from one time period to another period will be discussed.
This is a free event. No rsvp required.
Hope to see you there!