History
Document Details
Name of Department/Committee : CHD 34
Document Number : CHD 34 ( 22990)
Document Title [English] : Monetary valuation of environmental impacts and related environmental aspects
Document Title [Hindi] : पर्यावरण का मौद्रिक मूल्यांकन प्रभाव और संबंधित पर्यावरण पहलू
Document Type : New
Language : English
Priority : 2
ICS Code : 13.020.20
Date of Project Approval : 13-02-2023
Standards to be Superseded :

Classification Details
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 :
  • Ministry of Environment and Forests
Sustainable development Goals :
  • SUSTAINABLE CITIES AND COMMUNITIES
  • CLIMATE ACTION
Degree of Equivalence : Identical under single numbering
Identical/Equivalent Standards : ISO 14008: 2019
Organization Type: ISO
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


S.No. P-Draft
Completion Date		 WC-Draft
Completion Date		 Final-Draft
Completion Date		 Project
Completion Date(Gazette)		 Entered By Entered On
1 17-07-2023 17-11-2023 17-12-2023 17-04-2024 Mr. Mohit Garg 17-07-2023
Stages
Sl.
No.		 Stage Date of Occurence Remarks Circulated to Files
1 Generation of Document Number 13-02-2023 -------
2 P-Draft Waived 21-09-2023 Document Approved from WC in 29th Meeting of CHD 34 -------
3 WC Draft 21-09-2023 Duration : 60 Days
Submitted for HOD approval 		-------
4 WC Draft 29-09-2023 WC approved by HOD
 CHDC  CHD 34 : 2, -------