Pricing Environmental Damage

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In triple bottom line reporting, there is an absence of natural capital price data sets to compute the value of substitutes such as virtual water in a process. When we determine impacts in ESIA for the various environmental damages, we do not assign a number to it. Putting a number helps manage risks better.

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Published by changethinker

Born and raised in Mumbai, India with an undergrad degree from Oman and a masters degree from the National University of Singapore. I am an Environmental Professional with a passion for Sustainability, Social Innovation and Governance related issues. A Change Agent in the making who believes that small is beautiful and that impact can be achieved -one soul at a time.

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