Document Details
Name of Department/Committee : EED 01
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Standards to be Superseded :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
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, Forest and Climate Change
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

Division Council Chairperson Approval Details
Request Date: 09-02-2025
Status of Chairperson Approval: Division Council Chairperson approval uploaded by member secretary  (Click to View)
Division Council Chairperson : Vinod Bihari Mathur
Attachment :  View File 1
 View File 2
Sectional Committee Chairman Approval :
 View


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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


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