Including natural resource management and environmental impacts within impact assessment studies: methodological issues

This report provides an overview of the methodological issues involved in incorporating environmental and natural resource values within ACIAR’s economic impact assessments. Recent developments in analytical techniques have provided a sound basis for combining two parallel streams of research: tradition economic analysis of the environment, and the ‘ecosystem service’ approach to evaluation. These approaches are complementary, and they bring an added dimension to measuring the benefits attributed to ACIAR-funded research.