Why put a dollar value environmental goods and services?

Putting a dollar value on environmental goods and services is important because it helps identify the economic benefits of environmental programs and investments. It provides a tangible way to compare both the costs and the benefits of a given environmental policy or action, allowing decision-makers to discern which investments and projects represent good value for money. Additionally, it helps raise awareness with key stakeholders, develops policy and creates incentives for companies and/or individuals to invest in practices and behavior that protect the environment. Ultimately, putting a dollar value on environmental goods and services encourages governments and other entities to better value ecosystems and the services they provide in their decision-making processes.