{"id":3311,"date":"2020-06-02T09:52:15","date_gmt":"2020-06-02T07:52:15","guid":{"rendered":"https:\/\/www.ecoshape.org\/en\/tools\/contingent-valuation-method-for-nature-valuation\/"},"modified":"2020-08-25T09:46:20","modified_gmt":"2020-08-25T07:46:20","slug":"contingent-valuation-method-for-nature-valuation","status":"publish","type":"tool","link":"https:\/\/www.ecoshape.org\/en\/tools\/contingent-valuation-method-for-nature-valuation\/","title":{"rendered":"Contingent Valuation Method for Nature Valuation"},"content":{"rendered":"\n

Contingent Valuation is a survey-based<\/a>, economic technique for the valuation of non-market resources, such as environmental preservation or the impact of contamination. In this methodology people\u2019s willingness to pay is determined via a hypothetical market mechanism. With the contingent valuation method for nature validation, non-financial values in BwN-projects can be expressed in monetary terms in order to include them in a Socio-economic Cost Benefit analysis (SCBA). This is important as a SCBA gives a strong argument to start a project when the benefits for society exceed the costs.<\/p>\n\n\n\n

Type: <\/strong>Model
Project Phase:<\/strong> Planning & Design, Initiation
Type of assessment: <\/strong>Environmental Economics
Purpose: <\/strong>Creating a market-price for the valuation of an ecosystem through people’s willingness to pay
Requirements: <\/strong>Experience with survey-development and -analysis
Relevant Software:<\/strong> Statistical Programme<\/p>\n\n\n\n

\"\"
Valuation of different ecosystem services.<\/figcaption><\/figure>\n","protected":false},"author":2,"featured_media":2200,"parent":0,"menu_order":0,"template":"","phase":[9,8],"tooltype":[16],"type-of-assessment":[13],"class_list":["post-3311","tool","type-tool","status-publish","has-post-thumbnail","hentry","phase-planning-design","phase-initiation","tooltype-model","type-of-assessment-environmental-economics"],"acf":[],"yoast_head":"\nContingent Valuation Method for Nature Valuation - EcoShape<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecoshape.org\/en\/tools\/contingent-valuation-method-for-nature-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Contingent Valuation Method for Nature Valuation\" \/>\n<meta property=\"og:description\" content=\"Contingent Valuation is a survey-based, economic technique for the valuation of non-market resources, such as environmental preservation or the impact of contamination. In this methodology people\u2019s willingness to pay is determined via a hypothetical market mechanism. 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