Environmental Economics

Benefits Transfer Workshop Proceedings

This workshop was co-sponsored by the U.S. Environmental Protection Agency's National Center for Environmental Economics (NCEE) and Environment Canada. The objective of the workshop was to provide a forum for informed discussion regarding the practice of benefits transfer, the use of valuation databases for such, and the general relevance of valuation and benefits transfer to environmental decision making. The workshop centered around a series of presentations delivered by a multidisciplinary group of experts and practitioners from around the world. The presentations covered topics that included: (1) the current state and relative strengths of valuation databases such as EVRI, ENVALUE, Review of Externality Data, New Zealand non-Market Valuation Database, and Value Base Swe; (2) the need for and use of benefits transfer around the globe; (3) development and validation of benefits transfer methods; (4) alternative environmental decision making approaches; and (5) the premises underlying benefits transfer.