IB ESS 7.1.8 Dynamic natural capital value
IB ESS 7.1.8 Dynamic natural capital value
Practise explaining how natural capital value changes over time and evaluating EIAs for projects such as tar sands, mining or landfill development.
How this is tested
- explain how market demand or technology can change the value of coal, lithium or cobalt
- evaluate how an EIA uses baseline data to predict impacts of mining or landfill projects
- suggest reliability controls for sampling environmental impacts around a development site