A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects

The review examines the use of environmental valuation in 101 projects in the World Bank's environmental portfolio approved in fiscal years 2000, 2001, and 2002. It has three broad objectives. First, it examines the extent to which environment...

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Main Authors: Silva, Patricia, Pagiola, Stefano
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/12/4329459/review-valuation-environmental-costs-benefits-world-bank-projects
http://hdl.handle.net/10986/18395
id okr-10986-18395
recordtype oai_dc
spelling okr-10986-183952021-04-23T14:03:34Z A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects Silva, Patricia Pagiola, Stefano ENVIRONMENT ENVIRONMENTAL ACCOUNTING ECONOMIC ASPECTS OF ECOLOGY EMISSIONS ENERGY TRANSPORT AGRICULTURE FISHING FORESTRY SANITATION GLOBAL CAPITAL AGRICULTURE AIR POLLUTION AIR QUALITY CAPACITY BUILDING CARBON CARBON DIOXIDE CONSUMERS CONTINGENT VALUATION COST ANALYSIS COST BENEFIT ANALYSIS COST EFFECTIVENESS COST EFFECTIVENESS ANALYSIS DAMAGES ECONOMIC ANALYSIS ECONOMIC RATE OF RETURN ECONOMIC VALUE ECONOMICS LITERATURE EMISSIONS ENVIRONMENTAL COSTS ENVIRONMENTAL ECONOMICS ENVIRONMENTAL GOODS ENVIRONMENTAL IMPACTS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL POLICIES ENVIRONMENTAL REGULATIONS ENVIRONMENTAL VALUATION ENVIRONMENTAL VALUES EXTERNALITIES FINANCIAL TRANSACTIONS FISHING FORESTRY HEDONIC PRICING INCOME LAND USE LEARNING MARKET PRICES NATURAL RESOURCES OIL PRESENT VALUE PRIVATE SECTOR PRODUCERS PRODUCTIVITY PROJECT IMPACTS RESOURCES MANAGEMENT SOCIAL COSTS SULFUR DIOXIDE TECHNICAL ASSISTANCE TOTAL COSTS TRAVEL COST METHOD WASTE MANAGEMENT WATER SUPPLY WATERSHED WELFARE ECONOMICS WILLINGNESS TO ACCEPT WILLINGNESS TO PAY WTA WTP The review examines the use of environmental valuation in 101 projects in the World Bank's environmental portfolio approved in fiscal years 2000, 2001, and 2002. It has three broad objectives. First, it examines the extent to which environmental costs and benefits have been incorporated in the economic analysis of projects. Second, it examines how well valuation was used. Third, it seeks to identify areas of weakness so as to feed into plans for capacity building. The results show that the use of environmental valuation has increased substantially in the last decade. Ten years ago, one project in 162 used environmental valuation. In recent years, as many as one third of the projects in the environmental portfolio did so. While this represents a substantial improvement, there remains considerable scope for growth. 2014-05-22T20:31:39Z 2014-05-22T20:31:39Z 2003-12 http://documents.worldbank.org/curated/en/2003/12/4329459/review-valuation-environmental-costs-benefits-world-bank-projects http://hdl.handle.net/10986/18395 English en_US Environment Department working papers;no. 94 Environmental Economics series CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ENVIRONMENT
ENVIRONMENTAL ACCOUNTING
ECONOMIC ASPECTS OF ECOLOGY
EMISSIONS
ENERGY
TRANSPORT
AGRICULTURE
FISHING
FORESTRY
SANITATION
GLOBAL CAPITAL AGRICULTURE
AIR POLLUTION
AIR QUALITY
CAPACITY BUILDING
CARBON
CARBON DIOXIDE
CONSUMERS
CONTINGENT VALUATION
COST ANALYSIS
COST BENEFIT ANALYSIS
COST EFFECTIVENESS
COST EFFECTIVENESS ANALYSIS
DAMAGES
ECONOMIC ANALYSIS
ECONOMIC RATE OF RETURN
ECONOMIC VALUE
ECONOMICS LITERATURE
EMISSIONS
ENVIRONMENTAL COSTS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL MANAGEMENT
ENVIRONMENTAL POLICIES
ENVIRONMENTAL REGULATIONS
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EXTERNALITIES
FINANCIAL TRANSACTIONS
FISHING
FORESTRY
HEDONIC PRICING
INCOME
LAND USE
LEARNING
MARKET PRICES
NATURAL RESOURCES
OIL
PRESENT VALUE
PRIVATE SECTOR
PRODUCERS
PRODUCTIVITY
PROJECT IMPACTS
RESOURCES MANAGEMENT
SOCIAL COSTS
SULFUR DIOXIDE
TECHNICAL ASSISTANCE
TOTAL COSTS
TRAVEL COST METHOD
WASTE MANAGEMENT
WATER SUPPLY
WATERSHED
WELFARE ECONOMICS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
WTA
WTP
spellingShingle ENVIRONMENT
ENVIRONMENTAL ACCOUNTING
ECONOMIC ASPECTS OF ECOLOGY
EMISSIONS
ENERGY
TRANSPORT
AGRICULTURE
FISHING
FORESTRY
SANITATION
GLOBAL CAPITAL AGRICULTURE
AIR POLLUTION
AIR QUALITY
CAPACITY BUILDING
CARBON
CARBON DIOXIDE
CONSUMERS
CONTINGENT VALUATION
COST ANALYSIS
COST BENEFIT ANALYSIS
COST EFFECTIVENESS
COST EFFECTIVENESS ANALYSIS
DAMAGES
ECONOMIC ANALYSIS
ECONOMIC RATE OF RETURN
ECONOMIC VALUE
ECONOMICS LITERATURE
EMISSIONS
ENVIRONMENTAL COSTS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL GOODS
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL MANAGEMENT
ENVIRONMENTAL POLICIES
ENVIRONMENTAL REGULATIONS
ENVIRONMENTAL VALUATION
ENVIRONMENTAL VALUES
EXTERNALITIES
FINANCIAL TRANSACTIONS
FISHING
FORESTRY
HEDONIC PRICING
INCOME
LAND USE
LEARNING
MARKET PRICES
NATURAL RESOURCES
OIL
PRESENT VALUE
PRIVATE SECTOR
PRODUCERS
PRODUCTIVITY
PROJECT IMPACTS
RESOURCES MANAGEMENT
SOCIAL COSTS
SULFUR DIOXIDE
TECHNICAL ASSISTANCE
TOTAL COSTS
TRAVEL COST METHOD
WASTE MANAGEMENT
WATER SUPPLY
WATERSHED
WELFARE ECONOMICS
WILLINGNESS TO ACCEPT
WILLINGNESS TO PAY
WTA
WTP
Silva, Patricia
Pagiola, Stefano
A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
relation Environment Department working papers;no. 94 Environmental Economics series
description The review examines the use of environmental valuation in 101 projects in the World Bank's environmental portfolio approved in fiscal years 2000, 2001, and 2002. It has three broad objectives. First, it examines the extent to which environmental costs and benefits have been incorporated in the economic analysis of projects. Second, it examines how well valuation was used. Third, it seeks to identify areas of weakness so as to feed into plans for capacity building. The results show that the use of environmental valuation has increased substantially in the last decade. Ten years ago, one project in 162 used environmental valuation. In recent years, as many as one third of the projects in the environmental portfolio did so. While this represents a substantial improvement, there remains considerable scope for growth.
format Publications & Research :: Working Paper
author Silva, Patricia
Pagiola, Stefano
author_facet Silva, Patricia
Pagiola, Stefano
author_sort Silva, Patricia
title A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
title_short A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
title_full A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
title_fullStr A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
title_full_unstemmed A Review of the Valuation of Environmental Costs and Benefits in World Bank Projects
title_sort review of the valuation of environmental costs and benefits in world bank projects
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2003/12/4329459/review-valuation-environmental-costs-benefits-world-bank-projects
http://hdl.handle.net/10986/18395
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