24 Jun How much are your waterways worth?
“We do actually have approaches – they have been applied and they can be used – to put economic values on our waterways. And it’s step one in mainstreaming those waterways into economic decision-making, policies, planning and investments.”
– Jim Binney, June RiverTalk
The June RiverTalk, Jim Binney (Natural Capital Economics) provided participants with a brief overview of the linkages between waterways and their economic values and showed them how those values can be estimated in dollar terms.
One of the key messages: Only though an understanding of the economic values of waterways, can innovative mechanisms be established to incentivise better management and ‘crowd-in’ private sector investment.
Slides are available to view here here