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value (as importance)_2

A value can be the importance of something for itself or for others, now or in the future, close by or at a distance. This importance can be considered in three broad classes: The importance that something has subjectively, and may be based on experience. The importance that something has in meeting objective needs. The intrinsic value of something.

value (as importance)_1

A value can be the importance of something for itself or for others, now or in the future, close by or at a distance. This importance can be considered in three broad classes. 1. The importance that something has subjectively, and may be based on experience. 2. The importance that something has in meeting objective needs. 3. The intrinsic value of something.

valuation methods

Are the specific techniques and accepted formal procedures that are applied to gather and analyse information from nature and society in order to and understand or make explicit the state of nature and its importance to people a) quantity, quality and status of nature including its spatial and temporal variations; b) the relevance or importance of nature to people and societies; and c) the nature of human-nature and nature-human relations in terms of how people and societies embed and live out their values of nature (as actions, principles, worldviews or philosophies).

valuation approach

Valuation approaches are higher level assumptions, ideas or beliefs that underpin methods. They translate key decisions on how a method is to be applied or how the information generated by methods is to be interpreted. For each approach there are often multiple accepted methods that adhere to the basic assumptions and ideas of the given approach. Valuation approaches can also be manifested as “traditions” or widely accepted and expected protocols for undertaking valuation. Valuation traditions are heavily informed and influenced by the cultural context and/or epistemological worldviews.

valuation

It is the process of documenting the existence of values, identifying when and where and by whom they are expressed, that in turn allows characterizing values. Valuation of nature can inform decision-making about numerous human-nature relationships; it can support decision processes about alternative projects or policies, inform the design of policy tools and instruments, for conservation and sustainable management of nature or to improve justice.