Document Details |
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| Name of Department/Committee : | EED 01 |
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| Document Number : | EED 01 ( 22990) |
| Document Title [English] : | Monetary valuation of environmental impacts and related environmental aspects |
| Document Title [Hindi] : | पर्यावरणीय प्रभावो और संबन्धित पर्यावरणीय पहलुओ का मौद्रिक मूल्यांकन |
| Document Type : | New |
| Language : | English |
| Priority : | 3 |
| ICS Code : | 13.020.20 |
| Date of Project Approval : | 13-02-2023 |
| Standards to be Superseded : | |
Classification Details |
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| Group : | Chemicals, Plastics and their Products including packaging and Environment |
| Sub Group : | Environment management |
| Sub Sub Group : | Environmental Management |
| Aspects : | System Standard |
| Risk : | None |
| Certification : | Voluntary Certification |
| Short Commom Man's Title : | Monetary valuation of environmental impacts and related environmental aspects |
| ITCHS Code : | |
| Ministry : |
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| Sustainable development Goals : |
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| Degree of Equivalence : | Identical under single numbering |
| Identical/Equivalent Standards : | ISO 14008: 2019 |
| Organization Type: | ISO |
Division Council Chairperson Approval Details |
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::Cross Referenced International Standard(s) & Standard(s) Of National SDO(s) :: |
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| Sl.No. | Synosis Points | |
| 1 | This standard specifies a methodological framework for the monetary valuation of environmental impacts and related environmental aspects. Environmental impacts include impacts on human health, and on the built and natural environment. Environmental aspects include releases and the use of natural resources. In this standard, monetary valuation is a way of expressing value in a common unit, for use in comparisons and trade-offs between different environmental issues and between environmental and other issues. The monetary value to be determined includes some or all values reflected in the concept of total economic value. An anthropocentric perspective is taken, which asserts that natural environment has value in so far as it gives utility (well-being) to humans. The monetary values referred to in this document are economic values applied in trade-offs between alternative resource allocations, and not absolute values | |
Timeline Details |
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