How to integrate environmental damage, including health impacts, into assessments of economic activities was the topic of a recent OECD workshop on environmental impact valuation. The workshop is the first step in a multi-year project funded by the European Union that aims to strengthen the integration of such impact assessment into private and public decision making. The project will assess existing methods and data and develop recommendations, ultimately providing guidance on the use of impact assessment in corporate and other types of decision making.
CHDS Deputy Director Lisa Robinson was invited to be a keynote speaker at the workshop, reflecting on the use of benefit-cost analysis to value health and longevity as well as environmental impacts. Other perspectives included the use of natural capital accounts and the inclusion of sustainability in corporate accounting. Participants also discussed multi-regional input-output models and their environmental extensions. The workshop involved representatives from OECD and the global community, including government agencies, international organizations, academia, the private sector, and other stakeholders.
Learn more: OECD Environmental Policies and Evaluation
Learn more: Resource Pack: Introduction to Benefit-Cost Analysis
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