Quantifying intangible benefits of water sensitive urban systems and practices: an overview of non-market valuation studies

IF 2.4 Q2 WATER RESOURCES Australasian Journal of Water Resources Pub Date : 2020-01-02 DOI:10.1080/13241583.2020.1746174
A. Gunawardena, S. Iftekhar, James Fogarty
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引用次数: 16

Abstract

ABSTRACT The positive impacts of water sensitive urban investments on the environment, community well-being, and lifestyles are widely recognised, but the process of formally quantifying these intangible benefits remains an underdeveloped research area. The monetary value of intangible benefits can be estimated using non-market valuation techniques. Here, we provide a review of over 190 existing non-market valuation studies related to water sensitive urban systems and practices that have reported dollar value estimates for intangible benefits. The empirical evidence suggests that communities are willing to make financial contributions towards projects that deliver intangible benefits. As such, incorporating the intangible benefits of water sensitive urban systems and practices into project evaluation processes is important. Unfortunately, attempts to evaluate water-sensitive urban projects based on both tangible and intangible benefits are rare. The summary and synthesis of existing research in this area is presented in the hope that it will facilitate greater use of intangible benefits in project evaluations.
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量化对水敏感的城市系统和实践的无形利益:非市场估价研究综述
水敏感型城市投资对环境、社区福祉和生活方式的积极影响已得到广泛认可,但正式量化这些无形利益的过程仍然是一个不发达的研究领域。无形利益的货币价值可以用非市场估价技术来估计。在这里,我们回顾了190多项与水敏感型城市系统和实践相关的现有非市场评估研究,这些研究报告了无形利益的美元价值估算。经验证据表明,社区愿意为提供无形利益的项目做出财政贡献。因此,将水敏感型城市系统和实践的无形利益纳入项目评估过程是很重要的。不幸的是,基于有形和无形利益来评估对水敏感的城市项目的尝试很少。现对这一领域的现有研究进行总结和综合,希望它将有助于在项目评价中更多地利用无形利益。
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来源期刊
CiteScore
5.10
自引率
21.90%
发文量
25
期刊介绍: The Australasian Journal of Water Resources ( AJWR) is a multi-disciplinary regional journal dedicated to scholarship, professional practice and discussion on water resources planning, management and policy. Its primary geographic focus is on Australia, New Zealand and the Pacific Islands. Papers from outside this region will also be welcomed if they contribute to an understanding of water resources issues in the region. Such contributions could be due to innovations applicable to the Australasian water community, or where clear linkages between studies in other parts of the world are linked to important issues or water planning, management, development and policy challenges in Australasia. These could include papers on global issues where Australasian impacts are clearly identified.
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