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SUMMARY:Institutionalising environmental values and valuation into policy 
 - Dr Jacob Phelps\, Lecturer in Tropical Environmental Change and Policy\,
  Lancaster University
DTSTART:20181113T130000Z
DTEND:20181113T140000Z
UID:TALK112027@talks.cam.ac.uk
CONTACT:Lucy Goodman
DESCRIPTION:Economic valuation of ecosystem goods and services is increasi
 ngly embedded in environmental policy. However\, despite broad claims of p
 olicy-relevance\, there is widespread frustration that valuation tools hav
 e not demonstrably improved environmental outcomes.  Moreover\, there is c
 oncern that valuation tools often fail to meaningfully reflect societal an
 d environmental values.  This talk will argue that this is\, in part\, bec
 ause a tendency to overlook the mechanics of how valuation tools and data 
 are embedded into the institutions by bureaucrats that mediate valuation d
 ata and decision-making.  I will draw on examples of by 7 national agencie
 s in Indonesia and consider the various challenges that arise when environ
 mental economics hit the realities of government bureaucracy. My talk will
  take particular interest in the under-explored potential for valuation to
  better inform legal proceedings\, notably through civil liability for env
 ironmental harm.  This space has unique potential to lever mainstream econ
 omic valuation tools in ways that better align with the interests of polit
 ical ecologists and efforts to create meaningful social and environmental 
 change.
LOCATION:Room 101\, Hardy Building\, Department of Geography
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