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Policy support tool

TEEBAgriFood Valuation Framework

Aim of the resource

The valuation framework offers a useful starting point, as it seeks to provide both a common understanding of what such an evaluation might entail, as well as a cross-cutting template for carrying out such an evaluation. In other words, each type of food system, production alternative, or consumer choice could be held to a common form of assessment of costs and benefits by using a single universally applicable framework.

Using the resource
Potential benefits from using the resource
The valuation framework displayed as a matrix enables a structured evaluation of all material impacts and externalities along different stages of the value chain
Potential limitations from using the resource
The framework provides a structure and an overview of what should be included in an analysis but does not prescribe methods for valuation. Methods of valuation will depend on the values to be assessed, availability of data, and the purpose of the analysis
Scope
Scale of application:
Regional
Sub-regional
National
Subnational
Local
Practical information
UN languages in which the resource is available:
Development stage:
Full, working product
Contact details
UNEP TEEB OFFICE
Resources

The TEEBAgriFood valuation framework is a frame of analysis that can enable us to answer the question "what should we value, and why?" The framework ensures that nothing important is missed and that the full range of impacts and dependencies (including externalities) from eco-agri-food systems can be individually examined and collectively evaluated for the application in question, be it a typology comparison, a policy evaluation, a business question or an accounting question. Using a universal framework each type of food system, production alternative, or consumer choice can be held to a common form of assessment of all significant costs and benefits, whether they be economic, social or related to risks and uncertainty.

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