Monetary valuation of environmental impacts and related environmental aspects (ISO 14008:2019)

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.

Monetäre Bewertung von Umweltauswirkungen und damit verbundenen Umweltaspekten (ISO 14008:2019)

Dieses Dokument legt ein methodisches Rahmenwerk für die monetäre Bewertung von Umweltauswirkungen und damit verbundenen Umweltaspekten fest. Umweltauswirkungen beinhalten Auswirkungen auf die menschliche Gesundheit sowie auf die geschaffene und natürliche Umwelt. Umwelt¬aspekte beinhalten Emissionen und die Nutzung von natürlichen Ressourcen.
Die monetären Bewertungsverfahren in diesem Dokument können auch angewendet werden, um die Umweltabhängigkeiten von Organisationen besser zu verstehen.
Während der Planung der monetären Bewertung wird die beabsichtigte Verwendung der Ergebnisse berücksichtigt, aber die Verwendung selbst liegt außerhalb des Anwendungsbereichs dieses Dokuments.
In diesem Dokument ist die monetäre Bewertung eine Art, Wert in einer gemeinsamen Einheit auszudrücken, zur Verwendung in Vergleichen und bei Abwägungen (en: trade-off) zwischen unterschiedlichen Umweltbelangen sowie zwischen Umwelt  und anderen Belangen. Der zu bestimmende monetäre Wert beinhaltet manche oder alle Werte, die sich im Konzept des ökonomischen Gesamtwertes widerspiegeln. Es wird eine anthropozentrische Perspektive eingenommen, für die gilt, dass die natürliche Umwelt Wert hat, sofern sie den Menschen Nutzen (Wohlbefinden) bringt. Die monetären Werte, auf die sich dieses Dokument bezieht, sind keine absoluten Werte, sondern ökonomische Werte, die bei Zielkonflikten zwischen Allokationen alternativer Ressourcen angewendet werden.
Dieses Dokument beinhaltet nicht die Kostenermittlung oder das Rechnungswesen, obwohl manche Bewertungsverfahren in ihrem Namen den Begriff „Kosten“ führen. Dieses Dokument beinhaltet nicht die Entwicklung von Modellen, die Umweltaspekte mit Umweltauswirkungen verknüpfen.
ANMERKUNG In diesem Dokument handelt es sich bei dem, was in monetärer Form bewertet wird, entweder um Umweltauswirkungen oder Umweltaspekte. Bei der Bewertung von Umweltauswirkungen einer Organisation ist es wichtig, dass Verknüpfungen zwischen Umweltaspekten und Umweltauswirkungen hergestellt werden.

Évaluation monétaire des impacts environnementaux et des aspects environnementaux associés (ISO 14008:2019)

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 environnementaux et d'autres problématiques. La valeur monétaire à déterminer couvre tout ou partie des valeurs reflétées dans le concept de valeur économique totale. Une perspective anthropocentrique est adoptée, laquelle considère que l'environnement naturel n'a de valeur que dans la mesure où il présente une utilité pour les êtres humains (bien-être). Les valeurs monétaires auxquelles il est fait référence dans le présent document sont des valeurs économiques appliquées pour arbitrer entre différentes allocations des ressources, et non des valeurs absolues.
Le présent document n'inclut aucune détermination de coût ni aucun coût comptable, bien que certaines méthodes d'évaluation incluent le terme «coût» dans leur libellé. Ce document ne couvre pas le développement de modèles destinés à établir un lien entre les aspects et les impacts environnementaux.
NOTE       Dans le présent document, l'objet de l'évaluation monétaire porte soit sur les impacts environnementaux, soit sur les aspects environnementaux. Lors de l'évaluation des impacts environnementaux d'un organisme, il est important d'établir des liens entre les aspects et les impacts environnementaux.

Denarno vrednotenje vplivov na okolje in povezanih okoljskih vidikov - Načela, zahteve in smernice (ISO 14008:2019)

General Information

Status
Published
Publication Date
04-Aug-2020
Withdrawal Date
27-Feb-2021
Current Stage
6060 - Definitive text made available (DAV) - Publishing
Start Date
05-Aug-2020
Due Date
27-Jan-2021
Completion Date
05-Aug-2020

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SLOVENSKI STANDARD
01-oktober-2020
Denarno vrednotenje vplivov na okolje in povezanih okoljskih vidikov - Načela,
zahteve in smernice (ISO 14008:2019)
Monetary valuation of environmental impacts and related environmental aspects -
Principles, requirements and guidelines (ISO 14008:2019)
Monetäre Bewertung von Umweltauswirkungen und damit verbundenen
Umweltaspekten - Prinzipien, Anforderungen und Leitlinien
Évaluation monétaire des impacts environnementaux et des aspects environnementaux
associés - Principes, exigences et lignes directrices
Ta slovenski standard je istoveten z: EN ISO 14008:2020
ICS:
13.020.20 Okoljska ekonomija. Environmental economics.
Trajnostnost Sustainability
2003-01.Slovenski inštitut za standardizacijo. Razmnoževanje celote ali delov tega standarda ni dovoljeno.

EN ISO 14008
EUROPEAN STANDARD
NORME EUROPÉENNE
August 2020
EUROPÄISCHE NORM
ICS 13.020.20
English Version
Monetary valuation of environmental impacts and related
environmental aspects (ISO 14008:2019)
Évaluation monétaire des impacts environnementaux Monetäre Bewertung von Umweltauswirkungen und
et des aspects environnementaux associés (ISO damit verbundenen Umweltaspekten (ISO
14008:2019) 14008:2019)
This European Standard was approved by CEN on 12 July 2020.

CEN members are bound to comply with the CEN/CENELEC Internal Regulations which stipulate the conditions for giving this
European Standard the status of a national standard without any alteration. Up-to-date lists and bibliographical references
concerning such national standards may be obtained on application to the CEN-CENELEC Management Centre or to any CEN
member.
This European Standard exists in three official versions (English, French, German). A version in any other language made by
translation under the responsibility of a CEN member into its own language and notified to the CEN-CENELEC Management
Centre has the same status as the official versions.

CEN members are the national standards bodies of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia,
Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway,
Poland, Portugal, Republic of North Macedonia, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and
United Kingdom.
EUROPEAN COMMITTEE FOR STANDARDIZATION
COMITÉ EUROPÉEN DE NORMALISATION

EUROPÄISCHES KOMITEE FÜR NORMUNG

CEN-CENELEC Management Centre: Rue de la Science 23, B-1040 Brussels
© 2020 CEN All rights of exploitation in any form and by any means reserved Ref. No. EN ISO 14008:2020 E
worldwide for CEN national Members.

Contents Page
European foreword . 3

European foreword
The text of ISO 14008:2019 has been prepared by Technical Committee ISO/TC 207 "Environmental
management” of the International Organization for Standardization (ISO) and has been taken over as
This European Standard shall be given the status of a national standard, either by publication of an
identical text or by endorsement, at the latest by February 2021, and conflicting national standards
shall be withdrawn at the latest by February 2021.
Attention is drawn to the possibility that some of the elements of this document may be the subject of
patent rights. CEN shall not be held responsible for identifying any or all such patent rights.
According to the CEN-CENELEC Internal Regulations, the national standards organizations of the
following countries are bound to implement this European Standard: Austria, Belgium, Bulgaria,
Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland,
Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Republic of
North Macedonia, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and the
United Kingdom.
Endorsement notice
The text of ISO 14008:2019 has been approved by CEN as EN ISO 14008:2020 without any modification.

INTERNATIONAL ISO
STANDARD 14008
First edition
2019-03
Monetary valuation of environmental
impacts and related environmental
aspects
Évaluation monétaire des impacts environnementaux et des aspects
environnementaux associés
Reference number
ISO 14008:2019(E)
©
ISO 2019
ISO 14008:2019(E)
© ISO 2019
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of this publication may
be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting
on the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address
below or ISO’s member body in the country of the requester.
ISO copyright office
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Phone: +41 22 749 01 11
Fax: +41 22 749 09 47
Email: copyright@iso.org
Website: www.iso.org
Published in Switzerland
ii © ISO 2019 – All rights reserved

ISO 14008:2019(E)
Contents Page
Foreword .v
Introduction .vi
1 Scope . 1
2 Normative references . 1
3 Terms and definitions . 1
3.1 Environmental impacts and environmental aspects . 1
3.2 Environmental economics . 3
4 Principles . 5
4.1 General . 5
4.2 Description of principles . 5
4.2.1 Accuracy . 5
4.2.2 Completeness . 5
4.2.3 Consistency . 5
4.2.4 Credibility . 5
4.2.5 Relevance . . 6
4.2.6 Transparency . 6
5 Planning a monetary valuation . 6
5.1 General . 6
5.2 Goal of the monetary valuation and its intended audience . 7
5.3 Specification of the environmental impact or aspect . 7
5.4 People whose preferences and perspectives are considered . 8
5.5 Elements of the total economic value captured . 8
5.6 Monetary valuation method . 9
6 Requirements and procedures for monetary valuation .10
6.1 General .10
6.2 Market price proxies .10
6.2.1 Market prices of traded goods and labour .10
6.2.2 Cost-of-illness method .11
6.3 Revealed preference methods.11
6.3.1 General.11
6.3.2 Averting cost method .12
6.3.3 Hedonic pricing method .13
6.3.4 Travel cost method .13
6.3.5 Data derived from public referendums .14
6.4 Stated preference methods .14
6.4.1 General.14
6.4.2 Contingent valuation .16
6.4.3 Choice experiment .16
6.5 Value transfer .17
6.5.1 General.17
6.5.2 Spatial value transfer .18
6.5.3 Temporal value transfer .18
6.6 Currency and base year adjustments .18
6.6.1 General.18
6.6.2 Currency adjustments .18
6.6.3 Base year adjustments .18
6.6.4 Simultaneous adjustments of currency and base year .19
6.7 Equity weighting.19
6.8 Discounting .
...

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