Methodological Guidance on Diverse Values and Valuation
The methodological guidance presented here is based on information from preliminary guide on diverse conceptualization of multiple values of nature and its benefits (Deliverable 3d).
The present guidance is underpinned by the view that acknowledging and fostering the use of diverse conceptualizations of multiple values of nature and its benefits to people is required for adequately addressing the challenge of global sustainability. Further, it seeks to address the urgent need to transition towards new ways of understanding, demonstrating and capturing the diversity of values of biodiversity and ecosystem services. It includes the conceptual understandings, tools and data and capacity needed towards integrated valuation, making inclusive and transparent decisions and designing integrated policies.
It helps to illustrate both the importance of the choice of elements, including policy objectives, values, valuation approach, and policy support tools, as well as how these elements are connected to each other. The model suggests that an alternative choice of elements in the valuation process could result in different potential impacts on biodiversity and ecosystem services, as well as on societal well-being. It also suggests that any valuation approach is mediated by an institutional framing which generates feedbacks between policy instruments and policy goals, as noted in the IPBES conceptual framework. The types of feedbacks would differ among the valuation approaches given the range of worldviews considered.
The next web pages of this methodological guidance comprises the following main components:
- A framework to the methodological guidance on diverse values and valuation [web pages still being developed],
- A description of contrasting approaches to values and valuation, and
- Specific guidance for experts working in the context of IPBES, in particular on IPBES assessments [web pages still being developed].