Bruce Horton, Principal Sustainability Consultant at MWH and Director of Environmental Policy Consulting talks about ‘How to solve a problem like… impact assessment’.
“Water companies don’t exist in a vacuum. Every decision they make will impact on individuals, communities, organisations and ecosystems. To make an informed, robust and objective decision, a rigorous, comprehensive and consistent means of valuation is required.”
“The ‘total economic value’ framework and the ecosystem services approach provide a coherent means of ensuring that environmental, social and other non-financial impacts are assessed and valued consistently. Water companies could, individually or collectively, work to ensure that such a framework covers all aspects of investment planning, and is not limited to just a few areas like sustainable drainage.”
Read the full published article in Wet News here.