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Register: ISO 14008: Monetary valuation of environmental impacts and related environmental aspects

URI: https://data.geoscience.earth/ncl/ISO14008

This document 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. The monetary valuation methods in this document can also be used to better understand organizations' dependencies on the environment. During the planning of the monetary valuation, the intended use of the results is considered but the use itself is outside the scope of this document. In this document, 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. This document does not include costing or accounting, although some valuation methods have the term "cost" in their name. This document does not include the development of models linking environmental aspects to environmental impacts. NOTE In this document, what is valued in monetary terms is either environmental impacts or environmental aspects. When valuing environmental impacts of an organization, it is important that links between environmental aspects and environmental impacts are established.

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submitted byCorentin Follenfant
accepted on 31 Mar 2025 14:23:10.665

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en This document 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. The monetary valuation methods in this document can also be used to better understand organizations' dependencies on the environment. During the planning of the monetary valuation, the intended use of the results is considered but the use itself is outside the scope of this document. In this document, 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 v...
fr Le présent document spécifie un cadre méthodologique pour l'évaluation monétaire des impacts environnementaux et des aspects environnementaux associés. Les impacts environnementaux incluent les impacts sur la santé humaine et sur l'environnement bâti et naturel. Les aspects environnementaux comprennent les émissions et l'utilisation des ressources naturelles. Les méthodes d'évaluation monétaire de ce document peuvent également servir à mieux comprendre les dépendances des organismes à l'égard de l'environnement. Pendant la planification de l'évaluation monétaire, l'utilisation intentionnelle des résultats est examinée, mais l'utilisation en elle-même n'entre pas dans le domaine d'application du présent document. Dans le présent document, l'évaluation monétaire est considérée comme un moyen d'exprimer une valeur dans une unité commune, en vue de l'utiliser pour établir des comparaisons et des compromis entre différents enjeux environnementaux ainsi qu'entre des enjeux environnementau...
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en ISO 14008
fr ISO 14008
modified 31 Mar 2025 14:21:43.159
notation ISO14008
owner 5
pref label
en ISO 14008: Monetary valuation of environmental impacts and related environmental aspects
fr ISO 14008 : Évaluation monétaire des impacts environnementaux et des aspects environnementaux associés
same as iso:std:iso:14008:ed 1:v1:en
source ISO14008:2019
type concept scheme | Register | Container
version info 1
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Contents (list view)

Name Notation Description Types Status
Environmental impacts and environmental aspects 3.1 Concept stable
environment 3.1.1 surroundings in which an organization operates, including air... Concept stable
environmental impact factor 3.1.10 quantity of environmental impact (3.1.3) per quantity of envi... Concept stable
environmental baseline 3.1.11 state of environment (3.1.1) without the change(s) that is va... Concept stable
good 3.1.2 natural resource (3.1.5), ecosystem service (3.2.11), product... Concept stable
environmental impact 3.1.3 change to the environment (3.1.1), whether adverse or benefic... Concept stable
environmental aspect 3.1.4 element of an organization’s activities or products or servic... Concept stable
natural resource 3.1.5 part of nature that provides benefits to humans or underpins ... Concept stable
ecosystem 3.1.6 dynamic complex of plant, animal and micro-organism communiti... Concept stable
release 3.1.7 emission to air or discharge to water or soil. [SOURCE:ISO 14... Concept stable
reference unit of monetary value 3.1.8 unit of environmental change for which the monetary value (3.... Concept stable
environmental impact pathway 3.1.9 series of consecutive, causal relationships, ultimately start... Concept stable
Environmental economics 3.2 Concept stable
willingness to pay 3.2.1 maximum amount of money an individual is prepared to give up ... Concept stable
affected human population 3.2.10 group of people whose well-being, utility or values are influ... Concept stable
ecosystem service 3.2.11 benefit people obtain from ecosystems (3.1.6). Note 1 to entr... Concept stable
total economic value 3.2.12 net sum of all relevant use values (3.2.4) and non-use values... Concept stable
discounting 3.2.13 process of calculating the present value of future monetary v... Concept stable
discount factor 3.2.14 factor applied to future monetary amounts in order to compute... Concept stable
equity weighting 3.2.15 procedure to modify the costs and benefits incurred by people... Concept stable
co-benefit 3.2.16 benefit accompanying the intended benefits. Note 1 to entry: ... Concept stable
marginal utility 3.2.17 additional satisfaction a person gains from consuming one mor... Concept stable
elasticity 3.2.18 measure of the response of one variable to a change in anothe... Concept stable
purchasing power parity 3.2.19 currency exchange rate between two countries at which the sam... Concept stable
willingness to accept compensation 3.2.2 minimum amount of money an individual is prepared to accept a... Concept stable
monetary value 3.2.3 amount of money representing willingness to pay (WTP) (3.2.1)... Concept stable
monetary valuation 3.2.4 procedure for determining monetary value (3.2.3) Concept stable
use value 3.2.5 monetary value (3.2.3) of a good (3.1.2) in relation to its a... Concept stable
non-use value 3.2.6 monetary value (3.2.3) of a good (3.1.2) independent of its a... Concept stable
revealed preference 3.2.7 monetary value (3.2.3) placed by an individual on a market go... Concept stable
stated preference 3.2.8 monetary value (3.2.3) expressed by an individual through sur... Concept stable
value transfer 3.2.9 transfer of a monetary value (3.2.3) estimate from a primary ... Concept stable