Problems in the methodology of assessing the value of the environment
DOI:
https://doi.org/10.55225/sti.675Keywords:
model, cost assessment, natural capital, technogenic development, sustainabilityAbstract
The aim of this study is to optimize existing ecological-economic models for assessing the value of the environment, integrating social and economic factors. Using a rigorous scientific methodology and system analysis, the author synthesizes known models of environmental valuation within the broader framework of global sustainable development. The proposed model incorporates mathematical algorithms that allow for a quantitative estimation of environmental damage, while also facilitating the development of effective strategies to reduce the rate of natural capital depletion by substituting it with alternative resources. The study reveals significant shortcomings in existing ecological-economic models, notably the omission of the social dimension and the failure to explicitly account for critical natural capital as an essential component of total natural capital. Such omissions are scientifically unacceptable. The economic valuation model of natural capital proposed in this paper aims to refine and enhance existing methodologies through optimization.
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Copyright (c) 2026 Dmitrys Ulanovs
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