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Value Transfer Method

Aim of the resource

Often, value transfer is used for screening in a benefit-cost analysis of project or policy alternatives.

Using the resource
Requirements for using the resource:
<ul>
<li>Need to collect some new data</li>
<li>Short-term (less than 1 year)</li>
<li>Low-demanding (less than 6 PMs)</li>
</ul>
Potential benefits from using the resource
Ease of use, available valuation databases
Draws on existing data
Low cost
Potential limitations from using the resource
Transfer errors cannot be predicted
Not participatory
Existing valuation studies often do not provide site context
Scope
Scale of application:
National
Subnational
Local
Practical information
UN languages in which the resource is available:
Development stage:
Full, working product
Contact details
David N. Barton
Resources

Benefits transfer, or more generally value transfer refers to applying quantitative estimates of ecosystem service values from existing studies to another context. You take value estimates from a study site and apply them with adjustments to a policy site where time or resource constraints preclude the possibility of doing a primary valuation study. In the value transfer literature values have generally been understood to be monetary estimates of benefits or costs. Value transfer is not one specific method, but a continuum of approaches depending on the information available.

Contact

Subregions covered


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