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This brief provides policymakers with tools for assessing the effectiveness of NbS and their dynamic nature over time. The project developed an approach based on meta-analysis that addresses known shortcomings of commonly used valuation methods. These shortcomings include the high cost of surveys, the lack of external validation, and heavy context dependence. This new approach will allow decision-makers to better estimate the value of public goods and services through estimates of the public’s willingness to pay for these cobenefits, when direct valuation studies are not feasible. This can pave the way for increased investment in NbS.
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Naturance
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