Independent report

Valuing environmental impacts: guidelines for the use of value transfer

How to value environmental impacts using ‘value transfer’: a non-technical summary by Economics for the Environment Consultancy (eftec).


Valuing Environmental Impacts: Practical Guidelines for the Use of Value Transfer in Policy and Project Appraisal

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email Please tell us what format you need. It will help us if you say what assistive technology you use.


Report prepared for the Department for Environment, Food and Rural Affairs by:

Economics for the Environment Consultancy (eftec)

This document provides practical guidelines for valuing environmental impacts via an approach known as ‘value transfer’. It augments guidance provided by Defra in An introductory guide to valuing ecosystem services, which seeks to ensure that the true value of ecosystems and the services they provide are taken into account in policy decision-making.

Published 9 February 2010