Fennema, Ewan (2025) Environmental Valuation as an Economic Solution for Environmental Sustainability. Bachelor thesis, Global Responsibility & Leadership (GRL).
|
PDF
BAS5234301EWFennema.pdf Download (1MB) | Preview |
Abstract
While environmental degradation and unsustainable resource use continue to worsen, this thesis examines whether environmental valuation can serve as an economic solution for environmental sustainability. Using a systematic literature review guided by the PRISMA-EcoEvo framework, the study evaluates how tools such as shadow pricing, carbon credits, biodiversity offsets, and ecosystem valuation can contribute to environmental sustainability. The findings indicate that environmental valuation can enhance policy efficiency by internalizing externalities, promoting conservation incentives, and guiding resource allocation. Shadow pricing, in particular, proved to be the most effective tool in aligning economic decisions with environmental goals. However, limitations such as methodological inconsistencies, ethical concerns about monetizing nature, and the effectiveness of methods limit their reliability. For instance, carbon offsetting and biodiversity credits often lack credibility and produce delayed or insufficient ecological benefits. While environmental valuation does not fully capture the intrinsic value of nature, it remains an influential tool for integrating sustainability into economic and policy frameworks. Ultimately, the study concludes that environmental valuation, despite its limitations, can be considered an economic solution for achieving environmental sustainability.
| Item Type: | Thesis (Bachelor) |
|---|---|
| Name supervisor: | Rotulo, A. |
| Date Deposited: | 06 Jun 2025 08:43 |
| Last Modified: | 06 Jun 2025 08:43 |
| URI: | https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/600 |
Actions (login required)
 |
View Item |