A practical and readable guide to valuing the environment and the implications for public investment and policy. The following issues and concepts are introduced: the nature and magnitude of environmental problems; the cost-benefit method of evaluation; and detailed methods for valuing the environment. It contains six case studies including: water quality in China; the supply of electricity in Bangladesh; slum improvements in India; mass transit in Nigeria; forest conservation in Kenya; and soil quality in Bolivia.
Peter Abelson