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The Earth viewed from space, alongside icons: aeroplane, electricity pylon, wind turbines, grain, thermometer, train, power station
Source: Julien Jandric / Fotolia.com (edited by Umweltbundesamt)

Value factors for the Monetization of Environmental Impacts

Environmental value factors translate environmental impacts from the emission of pollutants or economic activities into monetary terms, enabling comparisons and aggregations across various environmental impacts. In this way, they offer the opportunity to integrate these impacts into public and private sector decision making by translating them into a generally understandable and actionable unit.

Monetized environmental impacts can, for example, be used in the corporate sector to support management decisions and sustainability reporting. In the public sector, they can help to assess the impacts of regulation and infrastructure investments.

This website aims at providing an overview of the German Environment Agency’s research on the monetization of environmental impacts, namely the Handbook on Environmental Value Factors – Methodological Convention 4.0 for the Assessment of Environmental Impacts. This Handbook provides the most recent value factors and follows a damage cost approach. Further information relating to the monetization of environmental impacts and their practical applicability will be added over the upcoming months.


Articles

Economy | Consumption

Agriculture

Agriculture provides more than just food, energy and raw materials. In Germany, it occupies 50 percent of the land and therefore shapes the landscape and affects climate and ecosystems.

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Economy | Consumption

Air Pollution

The emission of air pollutants leads to substantial impacts on human health and the environment, resulting in significant economic costs.

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Economy | Consumption

Biodiversity

All human activity depends on the services provided by ecosystems, and the biodiversity these ecosystems are based on. Ecosystems and their services are directly or indirectly affected by virtually all environmental pressures including land use and land use change, climate change, pollution to water, air and soil, and water scarcity.

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Economy | Consumption

Building Materials

Buildings cause significant direct and indirect environmental impacts throughout the life cycle, that is, during their construction, use, maintenance, demolition and disposal stages.

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Economy | Consumption

Greenhouse Gas Emissions

Greenhouse gas emissions not only contribute to global warming but also result in significant economic damages due to the impacts on ecosystems, infrastructure and human health.

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Economy | Consumption

Nitrogen and Phosphorus

Environmental damages from nitrogen and phosphorus emissions arise along various impact pathways.

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Economy | Consumption

Passenger and Freight Transport

Both, passenger and freight transport cause significant direct and indirect environmental impacts, e.g. through the emission of greenhouse gases and air pollutants (exhaust and abrasion). In addition, transport causes noise and adverse impacts on nature and landscape, primarily due to landscape fragmentation and land sealing by the required infrastructure.

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Economy | Consumption

Power and Heat Generation

The environmental impacts of electric power and heat generation heavily depend on the power or heat generation technology deployed, i.e. the energy source used to produce electricity or heat. Generally, the environmental costs per unit of electric power or heat (per kilowatt hour) are significantly lower for renewable energy sources than for fossil energy sources.

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Economy | Consumption

Water

Water pollution and water scarcity are pressing problems in many regions of the world. Germany has traditionally focused more on water pollution, with water scarcity being perceived as virtually non-existent.

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Short link: https://www.uba.de/n120918en