About the book
This book is about the valuation of environmental services in South Asia. It brings together, for the first time, multiple case studies on valuation undertaken by economists and environmental scientists from Bangladesh, India, Pakistan, Nepal and Sri Lanka under the aegis of the South Asian Network for Development and Environmental Economics (SANDEE). The book provides an over-view of different environmental problems in South Asia and examines how economic valuation techniques can be used to assess these problems. It seeks to offer robust evidence of the monetary benefits of resource conservation and the costs of a decline in environmental quality as South Asian economies grow rapidly.
As elsewhere, markets for many environmental goods are absent in South Asia and the prices of these resources are unknown. Therefore, the chapters in this book discuss various methods for generating information on the prices of environmental goods and services. Another feature of the book is its exposition of the use of environmental and economic data and analytical techniques under circumstances when data are difficult to obtain. Thus, the book seeks to address some of the challenges of valuing environmental changes that are unique to developing countries. The book is also designed to serve as a work book for students and practitioners of environmental valuation. Each chapter offers a description of an environmental problem and the valuation strategy used. This is followed by a discussion of methods of estimation and results.