Guidance

Environment and Historic Environment Outcomes Valuation Guidance

Guidance on how to calculate the impact of Flood and coastal erosion risk management (FCERM) on the natural and historic environment and a tool to calculate a monetary value of the impact.

From:
Environment Agency
Published
21 March 2023

Documents

Environment and Historic Environment Outcomes Valuation Guidance

PDF, 1.22 MB, 95 pages

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EHOV-lite Tool

MS Excel Spreadsheet, 1.07 MB

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EHOV guidance look up tables

MS Excel Spreadsheet, 1.04 MB

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Details

This is an update to the 2010 Economic Valuation of Environmental Effects (EVEE) guidance. This guidance comes with a tool called EHOV-Lite and the look-up tables.

You can use this guidance and the EHOV-lite tool, if you think your project will have significant impacts which the tool can help value.

The guidance references the best sources of data on environmental and heritage values and also explains how to apply them in the context of a flood project.

Published 21 March 2023