TEV

Type of benefit

Valuation method

Direct use values

Water supply for irrigation

Residual method

Water for municipal use

Benefits transfer (of Contingent Valuation Method results)

Water for industrial use

n.e.

Recreation

Market price and benefits transfer (of Travel Cost Method results)

Wildlife and plant harvesting

Market price

Indirect use values

Nutrient retention

n.e.

Pollution abatement

Replacement cost

Flood control

n.e.

Micro-climatic stabilization

n.e.

Option values

Potential future uses of direct and indirect uses

n.e.

Future value of information related to biodiversity

n.e.

Non-use values

Biodiversity conservation

Benefits transfer (of Contingent Valuation Method results)

Cultural heritage

Potential uses for future generations and for contemporaries of current generation