Non-market valuation approaches for estimating the social value of biodiversity and individual species need to enhance their policy relevance. The concept of service-providing unit (SPU) may help achieve this objective by promoting the systematic quantification of the key components of nature...

The evidence is compelling that extended use and production of energy are globally responsible for the serious deterioration of physical environment and climate change. The further penetration of renewable energy sources (RES) emerges as a crucial factor contributing to the mitigation of global...

By their sheer size, adaptation investments are processes addressing multiple climate impacts at the same time. Nevertheless, cross-sectoral effects of adaptation measures are rarely taken into consideration in adaptation costing and cost-effectiveness analysis (CEA). We explicitly address joint...

While there is a considerable debate regarding the choice of proper discount rates for assessing climate change projects and policies, only a tiny body of literature emphasizes “what to discount”. Usually, climate change economic assessments rely on tools and methods that employ strong...