This book is about understanding the value of environmental services in South Asia. It provides an overview of different environmental problems in South Asia and examines how economic valuation techniques can be used to assess these problems. It brings together 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 addresses the challenges of valuing environmental changes that are unique to developing countries. Each chapter starts with a description of an environmental problem and the valuation strategy used, followed by a discussion of estimation methods and results. It is designed to serve as a reference book for students, teachers, researchers, non-government organizations and practitioners of environmental valuation. Those interested in development and environmental economics, and natural resource management policies, will also find it useful.
'Valuation of environmental resources is essential in designing socially desirable policies. This book gives an insightful review of valuation studies in South Asia. It should make an interesting read [for] environmental and ecological economists. Development economists and politicians can also benefit from this book to boost their understanding of how valuation can improve their recommendations and decisions in development planning.'
Karl Goran Maler - Former Director of the Beijer Institute of Ecological Economics, Swedish Academy of Sciences
'The studies brought together in this volume are excellent examples of research undertaken on valuing the environment for its services in the set of developing countries that make up South Asia. The case studies reflect careful and painstaking works from South Asia that also have policy implications.'
Anil Markandya - University of Bath
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