The Methodological Convention 3.0 for the Assessment of Environmental Costs contains recommendations for methods to assess environmental costs (Part “Methods”) and provides new cost rates for emissions of greenhouse gases, air pollutants and noise, as well as for transport and energy generation (Part “Cost rates”). The cost rates show the benefit of environmental protection for society – and the costs that society incurs if environmental protection is neglected. The cost rates can be used to assess the impacts of laws and public investments, and for the design of economic instruments. In the corporate sector, the cost rates can be used, i.a., to calculate the environmental costs of production and in sustainability reports.
Methodological Convention 3.0 for the Assessment of Enviromental Costs - Cost Rates
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Dr. Björn Bünger, Dr. Astrid Matthey
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