Environmental economics
Good environmental quality is a part of society’s wellbeing. Environmental economics is a way of incorporating the value of nature into society's decisions and, thus, encouraging the development of greater wellbeing.
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Environmental economics is concerned with economics and the environment, and the management of limited resources. The aim of environmental economics is to encourage us to make the best use of our ecosystem's goods and services.
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Is it right, from a socio-economic point of view to limit the exploitation of a unique mountain area or to reduce traffic emissions in a city centre? Placing a value on changes in the environment is an important part of socio-economic impact assessment.
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A socio-economic impact assessment is a structured way of a showing a proposal’s advantages and disadvantages for society as a whole and for various parties. A socio-economic impact assessment is therefore an important part of the reports that we conduct.
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Economic instruments include taxes, fees and subsidies that are used to influence us to act in a more environmentally friendly and sustainable way.